Community Banks See Big Jump in Loan Growth

According to data from FIG Partners total loans at publicly traded banks with assets of less than $20bn rose 9.2 percent in the 4th quarter compared to the previous year; banks above $20bn in assets saw loan growth of 2.7 percent; there is a worry in the market that in order to keep up loan growth these banks are sacrificing credit quality; the pressure is also coming from new fintech entrants, causing community banks to not only compete with other banks for loans and deposits but digital firms as well; most banks feel credit quality is stable and the lessons from the recent financial crisis are still very much top of mind. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.