Archive for banking

Navigating The Lease Accounting Standards Maze

Jun 28, 2012 Comments Off

Leases no longer to be treated as operating expenses? They would be reported as capital leases and moved onto corporate balance sheets as offsetting financial liabilities and right-to-use space assets? CoreNet Global’s Strategy and Portfolio Planning (SPP) Community, the specter of new global lease accounting standards has been more like trying to find the right [...]

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N.C. Credit Unions Ease Small Business Lending Cap

Apr 14, 2012 Comments Off

Small-business lending is not a large part of the credit union industry, which has focused on consumer services like debit cards and car loans.  Collectively, credit unions hold about $40 billion in business loans – less than 6 percent of all small-business loans, according to the Credit Union National Association.  But the total is growing. [...]

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Bank of N.C. to complete KeySource acquisition in Q2

Apr 13, 2012 Comments Off

High Point-based Bank of North Carolina (NASDAQ: BNCN) says it expects to wrap up its acquisition of Durham-basedKeySource Commercial Bank in the second quarter.  BNC, with nearly $2.5 billion in total assets, announced the $12 million stock deal in December, explaining it wanted a bigger presence in the Triangle. And in its recent annual report filed with [...]

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As markets pick up, leaders apply lessons learned during Great Recession

Apr 04, 2012 Comments Off

Diversity across the board — in equity, investments and business lines — offers protection during an economic downturn.  And sometimes the best opportunities can be found in a company’s own backyard.  Those were some of the lessons shared by a panel of real estate executives Tuesday who discussed how their companies not only survived, but [...]

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