Articles & Insights

The Fed last cut rates in December, capping off a 100bp reduction in the Fed Funds Target rate during 2024. No adjustments have been made…

While we can certainly agree that neither “motivator” is ideal for balance sheet managers, both have been big drivers over the past five years. During…

While we can certainly agree that neither “motivator” is ideal for balance sheet managers, both have been big drivers over the past five years. During…

The big question over the past year has been, will the Fed achieve the soft landing they are aiming for or will we hit a…

Managing a community bank’s balance sheet is like taking care of a home: it requires ongoing maintenance, thoughtful planning, and proactive decisions to preserve its…

Margin Trends in 2024 Community banks saw impressive growth in net interest margin throughout 2024. US banks with less than $10 Billion in assets (around…

It has been almost two years since the failures of Silicon Valley Bank and Signature Bank have shown that liquidity risk can produce a bank…

The reelection of Donald Trump to the US presidency has ignited a flurry of speculation about whether his second administration will attempt to reprivatize Fannie…

2025 will undoubtedly be a year of intense tax related negotiations among lawmakers with the looming expiration of the Tax Cuts and Jobs Act (TCJA)…

From 1946 to 1964, a new generation emerged: the Baby Boomers. As soldiers returned home from World War II, a sense of stability and optimism…

After the most aggressive tightening cycle in forty years and the second longest period ever with rates at the peak of the cycle, the Federal…

Beneath the wonderful world of interest rate risk (IRR) and asset liability management (ALM) lies a foundation that must be built to ensure an effective…

The last several years have been nothing but an ever-changing, dynamic environment for financial institutions to operate in. First, the pandemic induced the recession of…

The mortgage-backed securities (MBS) market has long been supported by a “buyer of last resort,” propping up demand without being motivated by purely economic concerns.…

The rapidly changing environment of the last two years has left many financial institutions in a state of increased uncertainty. Rising cost of funds, declining…

Build America Bonds (BABs) were created as part of the 2009 American Recovery and Reinvestment Act (ARRA). BABs are federally taxable municipal bonds issued during…

After a little more than two years and 525bp worth of rate hikes, the Federal Reserve has started to signal that rate cuts are on…

The great financial crisis of 2008 brought a slew of new banking regulations and guidance. More specifically, guidance related to best practices for liquidity risk…

We do not have to go back very far to remember a time when deposit betas were not even an agenda item in many Asset…

In a rising rate environment, bonds priced at a discount become more prevalent. Therefore, it is imperative that municipal bond investors consider the tax implications…