Bringing it home: The 14th annual Community Bankers Symposium

Chicago Fed Letter The 14th annual Community Bankers Symposium, cosponsored by the Federal Reserve Bank of Chicago, the Office of the Comptroller of the Currency (OCC), and the Federal Deposit Insurance Corporation (FDIC), was held at the Federal Reserve Bank of Chicago on November 22, 2019. A Chicago Fed perspective on community banking Julie Williams, executive vice president, Federal Reserve Bank of Chicago, opened with comments on the current conditions for community banks, which include sound earnings, loan growth, increased levels of capital, and a low level of problem institutions. [...]she noted that federal banking agencies continue to focus on reducing the burden related to the supervisory process through additional offsite exam work, including loan review, as well as through the use of data analytics to tailor supervision to risk. [...]Hayhurst emphasized the importance of the contingency funding plan (CFP).