Lessons from thriving banks: It’s a real-world stress test

Description

Abstract: A recent report by the Federal Reserve Bank of St. Louis analyzes distinguishing features of banks that thrived during the recession. The authors concluded that community banks can prosper in the future by maintaining strong risk management standards in all economic environments and tailoring their business plans to their markets. This article looks at the highlights of the report, while a sidebar lists key performance indicators that it looked at.