2014 Community Banking in the 21st Century Survey

Last month, the Commissioner of the Department of Business Oversight requested your participation in the national survey described below. We would like to thank and acknowledge the banks that took the time to participate and to inform banks that have not yet participated that there is still time.

Link to Survey: https://surveys.alexanderbabbage.com/surveylogin.asp?k=139637422240

The Federal Reserve System and the Conference of State Bank Supervisors (CSBS) are hosting the 2nd annual Community Banking in the 21st Century conference in St. Louis, Missouri, on September 23 and 24, 2014. The purpose of the conference is to bring together academics, policymakers, bank supervisors, and community bankers to focus on the challenges and opportunities that community bankers face in the 21st Century.

In preparation for this year’s conference, a national survey was developed by CSBS staff, Federal Reserve staff, and a selected group of academics. The goal of the survey is to hear directly from the community banking industry regarding key challenges they’re facing in 2014, and to gather data on key issues that can be used by community banking researchers. The data from the survey will be compiled and released during the conference.

This voluntary and anonymous survey is a critical opportunity for state banks to highlight critical issues and demonstrate the value and importance of the state bank system. The survey is expected to take approximately 20 to 30 minutes to complete; however, some preparation is required. Therefore, we asked that you have the following 6 data points ready prior to taking this year’s survey:

• Total dollar value of 1-4 family mortgages held in portfolio as of December 31, 2013.
• Percentage of 1-4 family mortgages held in portfolio as of December 31, 2013, that would NOT have qualified under the “Ability to Repay” standard.
• Percentage of 1-4 family mortgages held in portfolio as of December 31, 2013, that would NOT have qualified under the “Qualified Mortgage” standard.
• Percentage of the loans identified in “3” above, that were originated in 2013.
• Estimated 2013 technology expenditures as a percentage of total assets (in basis points).
• The approximate percent change in total compliance costs from 2011 to 2013.

Link to Survey: https://surveys.alexanderbabbage.com/surveylogin.asp?k=139637422240

Last year, more than 1,700 community bankers participated in a nationwide discussion on the state of community banking in the U.S. Last year’s findings are available at: http://www.stlouisfed.org/CBRC2013/town-hall.pdf

Your completion of the survey before the end of June 2014 is greatly appreciated. Should you have any questions, please contact Deputy Commissioner Scott D.

Cameron at (916) 322-5962 or scott.cameron@dbo.ca.gov.