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Recent Insights
Is a ‘Reg B Appraisal Notice’ Required when Applications are Denied or Withdrawn?
Reading Time: 2 minutesRegarding the Regulation B Appraisal Notice, we frequently get the question of whether it’s necessary if the application is denied or withdrawn. Reg B {§ 1002.14} is not very clear on this issue; and you may think the answer is crazy. I think we all know that sometimes regulations just …
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Did you Know?: Your Bank’s Cyber Vulnerabilities may be Public Knowledge
Reading Time: 2 minutesDid you know there might be information about your bank’s cyber vulnerability on the internet? Or that it’s common for a hacker to have access to a system months before an exploit? Or that ‘one password’ compromised is what brought down the entire Colonial pipeline recently? K·Coe’s cybersecurity consultants explain …
Read moreDid you Know?: Your Bank’s Cyber Vulnerabilities may be Public Knowledge
Banking Criteria for Outsourcing the Internal Audit
Reading Time: 4 minutesYour mother told you not to wear that shirt inside-out, but now that you’re a banker, it may be a good fit. Everyone calls it “Internal” Audit, but sometimes it makes sense to leverage time and resources by outsourcing. We’ve taken the time to outline some things to consider. The …
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How Additive Manufacturing is Transforming the Supply Chain
Reading Time: 3 minutesBy Derek Wagoner The mere mention of the COVID-19 pandemic as it relates to business disruption has left many of us tired and depleted. We have lived and breathed it for the past 18 months – and we have learned a lot. One monumental discovery for manufacturers: While Additive Manufacturing …
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Additional Aid from USDA has been Allocated for Ag Producers and Businesses Left Behind
Reading Time: 2 minutesFunding recipients include timber harvesters, biofuels, dairy farmers and processors, livestock farmers and contract growers of poultry, assistance for organic cost share, and grants for PPE As part of the USDA Pandemic Assistance for Producers initiative, it was announced that additional aid would be given to ag producers and businesses, …
Read moreAdditional Aid from USDA has been Allocated for Ag Producers and Businesses Left Behind
FASB Issues Goodwill Triggering Relief for Private & NFP Companies
Reading Time: < 1 minuteDue to the time consuming, difficult, and often costly analysis involved in testing goodwill impairment of a triggering event, FASB has issued a new standard to provide an alternative evaluation for private and not-for-profit (NFP) companies. Private and NFP companies can now elect to perform a goodwill trigger event assessment …
Read moreFASB Issues Goodwill Triggering Relief for Private & NFP Companies
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