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FDIC issues its Second Quarterly Banking Profile

Did you know the second quarter of 2024 resulted in community banks' quarterly net income increasing $72.6 million from the previous quarter? Read more takeaways from the FDIC’s second quarter 2024 Quarterly Banking Profile.

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Is your institution ready for Other Real Estate Owned (OREO)?

Shifting commercial real estate market dynamics at a time when many institutions have either had very low foreclosure activity, or have fewer, less experienced staff available—has spurred new interest in reviewing regulatory and accounting guidance for non-accruals and foreclosures. Here’s what you need to know.

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ASC 740: Changes to income tax disclosures

Last year, FASB issued ASU No. 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. Although this ASU does not impact the accounting for income taxes, it does impact the disclosures of such and is applicable to all entities subject to income taxes. Get the details on the requirements.

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In the spotlight

Podcast: Meet Kaylee Cavagnaro

Get to know our Financial Services team in our podcast spotlight series. In this episode, meet Senior Auditor Kaylee Cavagnaro and hear about how her role at the firm changes from season to season.
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Podcast: Hot chicken and model validation

Our spotlight series continues with Senior Consultant Brooke Wells. Hear about what led Brooke to the financial services industry, and get her rundown of her top four restaurants in her new hometown of Nashville, Tennessee.
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