Quote:
Originally Posted by secondcurve
Small banks’ margins are getting crushed in the current deposit environment. They have made a lot of fixed rate loans and customers are demanding more on their deposits. Not a good combination. I wonder what this bank’s loan to deposit ratio is? Anything approaching 100% or above is concerning for regulators.
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Well, banks cleaned up over the past 20 years of low rates, good times don't last forever. In my area back in Mass a new bank building has cropped up every month over the past 10 years.
I was in the gas station business for many years and many of the owners had prime high traffic locations that were bought up or lease to banks. New bank buildings are everywhere.