Journal Article
In-depth: can FASB get loan loss accounting just right?
Neely, Michelle Clark; Corner, Gary S. (2013-04)
The Financial Accounting Standards Board (FASB) recently released a proposal that would change the way financial institutions set aside funds to cover losses on loans, debt securities and other assets. Under current accounting rules, the allowance for loan and lease losses is based on incurred losses; the new model, if adopted, would require the allowance to be established for losses expected over the life of the loan based on current and future economic conditions, historical losses, and other factors.
Central Banker , Issue Spring

Journal Article
The drought's impact on Eighth District agricultural conditions
Corner, Gary S. (2012-10)
Despite historic drought conditions, crop producers and lenders in Eighth District states appear likely to exit the year in satisfactory financial condition, but the situation is somewhat different for livestock producers.
Central Banker , Issue Fall

Journal Article
Trends in community banks' net interest margins
Meyer, Andrew P.; Corner, Gary S. (2013-07)
Net interest margins are clearly under pressure at community banks, but this trend is not new. It is a product of a highly competitive banking industry and a direct result of today?s lower lending levels and abundant balance sheet liquidity. The net interest margin is the difference between interest income and interest expense. Interest income and interest expense fluctuated considerably through the business cycle, but the long-term trend indicates that asset yields are falling faster than deposit and other funding costs.
Central Banker , Issue Summer

Journal Article
Agriculture Boom Continued 2013
Corner, Gary S. (2013-01)
U.S. agriculture has been booming in recent years with record farm incomes and double-digit percentage increases in cropland prices. However, farm income projections suggest a flattening, if not a reversal, of these trends. 2013 may prove to be a peak year, as analysts expect the agriculture sector to experience lower commodity prices, normal crop production and lower farm income over the next several years.
Central Banker , Issue Winter

Journal Article
Could rising municipal securities holdings increase community banks' risk profiles?
Gubo, Daigo; Dai, Emily; Corner, Gary S. (2013-10)
Central Banker , Issue Fall

Journal Article
What if debit card transactions exchanged at par?
Corner, Gary S. (2011-04)
Under a mandate from the Dodd-Frank Act, the Federal Reserve proposed standards for determining whether debit card interchange fees are ?reasonable and proportional? to the cost of the transaction.
Central Banker , Issue Spring

Journal Article
The changing landscape of community banking
Corner, Gary S. (2010-10)
The demise of the community bank business model has been prognosticated by many, especially with the recent financial crisis. But what do the numbers suggest for the future?
Central Banker , Issue Fall

Journal Article
2013 Community Banking Performance: A Year of Recovery
Neely, Michelle Clark; Corner, Gary S. (2013-01)
Central Banker , Issue Winter

Journal Article
Will community bank returns on equity return to precrisis levels?
Corner, Gary S. (2012-04)
It is possible ROE will settle in at a lower-than-precrisis historical rate, leading to a resetting of performance expectations by community bank stakeholders.
Central Banker , Issue Spr

Journal Article
The demographics of decline in small-business lending
Bhaskar, Rajeev R.; Corner, Gary S. (2010-04)
Outstanding loan volume at commercial banks declined 2.2 percent between June 2008 and June 2009.
Central Banker , Issue Spring