Tag: Commercial real estate lending

It may be time to ditch those distressed credits

For banks still holding on to longtime problem assets, now might be the time to consider selling. In the aftermath of the financial crisis, banks were saddled with scores of soured loans. But even if institutions were looking to sell these assets, and investors were interested in purchasing them, banks were often constrained by capital…
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April 13, 2018 0

New CEO’s challenge: Bring bank into 21st century

At Carter Bank & Trust in Martinsville, Va., 2018 is likely to go down as the year the $4.2 billion-asset company stopped competing with one hand tied behind its back. Carter Bank is in the midst of a comprehensive overhaul of its operating system that, when completed in the third quarter, would allow it to…
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December 29, 2017 0

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