Main Street Banking: A Podcast for Community Bankers

Latest Episodes:

Main Street Market Update July 2023 Jul 07, 2023

Show notes

Whenever there's news community bankers can use regarding the goings-on in the markets...Jim Reber, CEO of ICBA Securities is who you need to know. We bring him on the show to fill us in on what is going on regarding our investment portfolios and offer insights into how community banks are effected. Be sure to check out ICBA Securities at https://www.icba.org/icba-securities

Bridging the Knowledge Gap Through DEI: Shamim Okolloh Pt 2 Jul 06, 2023

Show notes

We're continuing yesterday's conversation with Shamim Okolloh, VP Community Outreach Officer for Central Arkansas at Encore Bank. If you haven't heard yesterday's episode, go back and listen because you are, literally, jumping into the middle of a great conversation. Finding a place to split this up was tough. What I found so interesting about today's piece was Shamim's bringing back the community needs to the bank. Armed with the banking knowledge, she goes out into the world to reach those that many of us can't reach as easily and helps them get "lender ready". I love that phrase! I hope you've enjoyed this as much as I enjoyed recording. If you'd like to reach out to Shamim at shamim.okolloh@bankencore.net And a special thanks to ICBA Securities for the sponsorship. Be sure to check them out at www.icba.org/icba-securities

Bridging the Knowledge Gap Through DEI: Shamim Okolloh Pt 1 Jul 05, 2023

Show notes

Shamim Okolloh is VP Community Outreach Officer for Central Arkansas at Encore Bank. She is also a first year graduate school student here at Barret. During grad week, she and I had an awesome conversation about her role in bridging the gap between minorities/underbanked/unbanked communities. It was one of those conversations that you kick yourself for not having a mic ready to roll. So...I brought her back for the podcast so that we could all benefit from her perspective. If you'd like to reach out to Shamim at shamim.okolloh@bankencore.net And a special thanks to ICBA Securities for the sponsorship. Be sure to check them out at https://www.icba.org/icba-securities

Mistakes Bankers Make With LinkedIn: Jack Hubbard Jun 21, 2023

Show notes

Jack Hubbard is, in my opinion, one of the reasons to be on LinkedIn. His content is one of the best I know in the industry and he's one of my go-to's in terms of banking content I need for my job. He also just schooled me on what I'm doing wrong on LinkedIn in this episode...LOL! And I think he'll do the same for you. Using LinkedIn as part of your sales process is a concept that, I think, we don't think about near enough. Today, Jack shows us the 8 mistakes he sees bankers make with LinkedIn...and how to fix them. Make sure you follow Jack and the Modern Banker on LinkedIn and many thanks to our sponsor, ICBA Securities for their support.

ChatGPT Pt 2, Universal Deposit Insurance, and Other Soapboxes May 03, 2023

Show notes

I know it's been a minute since I followed up with the ChatGPT episode but I still wanted to talk about it since more news and insights have come out around AI. Needless to say too...it's been an interesting month around banking and it's time we have a serious chat about that. Don't forget to check out our sponsor, ICBA Securities at https://www.icba.org/icba-securities

Distressed Loan Quiz Show with Michael Fielding Mar 22, 2023

Show notes

We'll get back to the ChatGPT pt 2 episode...but...because we are in the middle of our Commercial Lending Academy this week, I wanted to bring on Michael Fielding again from Husch Blackwell. Michael's been a frequent guest on the show and always has some really cool takes on distressed loans in ways that you may not have considered. I always enjoy having him on. Well, today, he's put together a quiz of some commercial lending situations that you may/may not have encountered...but good nonetheless. Test your knowledge!! Have to admit...I would've failed miserably! Be sure to check out Husch Blackwell at https://www.huschblackwell.com/ And many thanks to our sponsor, ICBA Securities at https://www.icba.org/icba-securities

ChatGPT Takes Over the Podcast part 1 Mar 08, 2023

Show notes

So, I decided to unleash Skynet and have AI write a podcast script. Here's the prompt I used to generate the script entirely as it is presented in the show: "Write a 2000 word podcast script about the importance of community banks emphasizing the benefits banks provide to low to moderate income communities. Begin the podcast with "Hey everyone! Welcome back to the Main Street Banking podcast" and end the podcast with a disclaimer that this has been written by AI. The target audience is bankers in these communities." 30 seconds later I had the script you hear on this episode. Now...was it good? Was it bad? Did it sound like a normal MSB podcast? That's what we'll talk about next week on the show as well as on the show's LinkedIn page during the next several days. Whether we like it or not...scared of it or not...embrace it or not...this tech is here and I don't think it's going anywhere. So, let's talk about it. Please make sure to check out our sponsor, ICBA Securities at https://www.icba.org/icba-securities

Looking at some 5 year ratio trends for Community Banks...and not put you to sleep in the process Mar 01, 2023

Show notes

I know...that title is just jumping off the phone/tablet begging you to listen...because ratio analysis is just what you want to hear on a podcast. But...there are some trends in the $300MM to $1B group of banks that I think are interesting and probably worth discussing. Also, we're talking about trends...there's very few numbers here. I promise. If you do want to look at some numbers, go to the showpage and you can pull the "Average Bank"'s ratio chart. https://barretbanking.org/msbpodcasts/looking-at-some-5-year-ratio-trends-for-community-banks-and-not-put-you-to-sleep-in-the-process/

Main Street Update Feb 2023 with ICBA Securities' Jim Reber Feb 01, 2023

Show notes

When the Fed meets, we bring the best in the business to break it down for us. Jim Reber, CEO of ICBA Securities, is not only the sponsor of the podcast but the best when it comes to helping community banks understand this type of information. Be sure to check out ICBA Securities at https://www.icba.org/icba-securities

Jack Henry™: Fintech and the 5's...and also THE question we want to ask Jan 25, 2023

Show notes

Bringing "old school" lending into the digital world is pretty tricky. I sat down with Ken Summar (Director of Advisory Services with Jack Henry's Lending and Deposits Group) and Mark Messick (Director of Products with Jack Henry's Lending and Deposit Group) to talk about some of the uses for data in credit analysis that you might not have thought about. I hadn't, to be honest. But the big thing here is the last question. No matter how many times I've had the discussion around adding new technology to an existing core, the grumbling begins and more bourbon usually gets ordered. So, I asked Ken and Mark...why? So, the last several minutes are 2 executives from Jack Henry™, a major technology provider, answering the question we've all asked ourselves about the core. Hope you enjoyed it. I learned a ton. Jack Henry is a well-rounded financial technology company that strengthens the connections between people and their financial institutions through technology and services that reduce the barriers to financial health – with the purpose of empowering people and communities to gain the financial freedom to move forward. Visit jackhenry.com to learn more. Contact Mark Messick at MMessick@jackhenry.com.