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Notice of January 2021 Regulatory Capital Rule Change: Eligible Retained Income

By Sandy Sporleder | December 2, 2020
Reading Time: < 1 minute
One of the many regulatory rule changes that was enacted in 2020 deals with the calculation of eligible retained income (i.e. the calculation performed to determine the maximum limit of eligible distributions). The new rule is effective for banks beginning on January 1, 2021. This final rule applies to all …

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Has your Bank Created a Pandemic Timeline to Ascertain and Manage Risks?

Has your Bank Created a Pandemic Timeline to Ascertain and Manage Risks?

By Sandy Sporleder | November 30, 2020
Reading Time: 2 minutes
By Kerry Hatzenbuehler & Melissa DeDonder Although the Fall 2020 OCC Semiannual Risk Perspective has been published, the Spring 2020 issue relayed important information for banks to consider related to this crazy year.  Many of you have documented and are continuing to document how the bank responded to the pandemic.  …

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PPP Applicants are Stuck Fighting Fraud due to Security Breaches

PPP Applicants are Stuck Fighting Fraud due to Security Breaches

By Pinion Editorial | September 25, 2020
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Reading Time: 2 minutes
In recent weeks, we have learned of an uptick in fraud cases for businesses who have applied for Paycheck Protection Program (PPP) funds for coronavirus disruption relief due to security breaches.  Businesses on the receiving end of this type of fraud have discovered it only after receiving an official document …

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Loan Origination Fees

PPP Forgiveness: Should Borrowers Apply Right Now?

By K·Coe Editorial | September 2, 2020
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Reading Time: 2 minutes
Now that the SBA’s forgiveness eligibility for Paycheck Protection Program (PPP) loans is now open, are you (and your borrowers) applying for forgiveness? K·Coe advisors have been closely assessing the rules and monitoring for potential changes, and we fully expect more SBA guidance to be released on PPP forgiveness for …

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IRS Bulletin

Notice for Your Customers: New IRS Bulletin Warns of Security Threats

By K·Coe Editorial | August 6, 2020
Reading Time: 3 minutes
In an effort to help satisfy your bank’s annual requirement to educate customers, we wanted to share the following IRS bulletin to easily post on your website for public notice. The IRS is urging all Americans to be vigilant to these threats, especially during the pandemic and its aftermath.  Here …

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Loan Origination Fees

Guidance for Correct DOEP Procedures Post M&A

By K·Coe Editorial | August 6, 2020
Reading Time: 3 minutes
By: Heather Campbell, CIA Many banks seek guidance for what happens to the Designation of Exempt Person (DOEP) forms following mergers/acquisitions (M&A). Compiled below are some tidbits of information to help decide upon what needs to be done with regards to the bank’s Bank Secrecy Act (BSA)/Anti-money Laundering (AML) procedures …

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Missouri Bankers Association

Missouri Bankers Association Annual Convention Key Takeaways

By K·Coe Editorial | June 17, 2020
Reading Time: 3 minutes
The Missouri Bankers Association (MBA) held their 130th Annual Convention virtually this year; it was done well. We’ve attended this conference a number of times in the past to meet current and prospective clients, and to hear good speakers/industry experts talk about what’s going on in the industry. As the …

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Loan Origination Fees

Guide to Community Bank Leverage Ratio: Should I or Shouldn’t I?

By K·Coe Editorial | June 12, 2020
Reading Time: 2 minutes
Starting January 1, 2020, banks could elect to begin using the Community Bank Leverage Ratio (CBLR) or framework. Designed to simplify calculations for capital ratios on quarterly call reports, the CBLR ratio essentially uses total average assets, rather than the complicated calculation of risk-based total assets. A bank may opt-in …

Read moreGuide to Community Bank Leverage Ratio: Should I or Shouldn’t I?

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