October 1, 2007 News Archive
Attention Community Bankers! Register Now for 2007 Community Bank Symposium
Space is still available for the 3rd Annual Community Bank Symposium being held at the Federal Reserve Bank of Chicago on Wednesday, Oct. 10, 2007. The agenda was put together in response to your feedback from last year's symposium and will address current hot topics, such as credit, liquidity and fraud. In addition, you will have an opportunity to hear from the new president of the Federal Reserve Bank, Charlie Evans.
The Symposium begins at 8 a.m. with a continental breakfast and concludes at 3:30 p.m.
If you would like to register, please contact Charmaine Cerveny via e-mail or at (312) 322-5566.
SNC Results Announced
The bank regulatory agencies and the Office of Thrift Supervision (OTS) announced results of the 2007 Shared National Credit (SNC) Review program on Sept. 25. The volume of credits covered by the program increased 21 percent compared to 2006. Asset quality was considered satisfactory, with the volume of criticized assets remaining low by historical standards at 5.0 percent of total commitments. A concurrent review of underwriting standards found some weakening of underwriting in the syndicated lending market.