Coleman Report

June 7, 2018 Coleman Movers & Shakers — Tim Stanley, Al Thiel, Kevin Gallagher, David Main, Customers Bank By Bob Coleman Editor, Coleman Movers & Shakers Tim Stanley, Al Thiel Join California Statewide CDC’s Community Loan Programs Team “California Statewide CDC is very pleased to welcome Tim Stanley and Al Thiel to our Community Loan…

June 6, 2018 CPR Report: Actual 7(a) Prepays Dip Below 15% By Bob Judge Editor, CPR Report In April, total prepays, including paid excess principal (ACPR), came in at 14.69%, a 5% decrease from last month’s reading of 15.47%. After correcting for the excess principal being released from the MRF, pool prepays (CCPR) came in…

June 5, 2018 SBA Hot Topic Tuesday — SBA 504 Quarterly Conference Call at 3 pm Eastern Today By Bob Coleman Editor, SBA Hot Topic Tuesday SBA’s 504 Connect Call will be held today at 3:00pm ET. You can join in and listen to the following topics. Download SBA’s 504 Connect Call Presentation 25 Year…

June 4, 2018 By Bob Coleman Editor, Main Street Monday Main Street Monday — Main Street Adds 38,000 U.S. Job in April, 215,000 YTD Private sector small business employment increased by 38,000 jobs in April according to the May ADP Small Business Report. Previous Monthly Small Business Job Growth April 2018 — 62,000 March 2018…

June 1, 2018 By Bob Coleman Editor, Fraud Friday Fraud Friday — Community Banker Gets 68 Months For Bank Closing Related Fraud “As the majority shareholder who virtually had complete control of Excel Bank, Shaun Hayes caused devastation by repeatedly abusing his power to commit fraud,” says Special Inspector General Christy Goldsmith Romero. “His crime…

May 31, 2018 By Bob Coleman Editor, Coleman Movers and Shakers Coleman Movers & Shakers — Kelly Groth, American West Discount Promo Code Kelly Groth Named Senior Vice President and Sales Manager of Evergreen Business Capital Kelley Groth was most recently the Senior Vice President and SBA Portfolio Manager at Banner Bank, successor to AmericanWest…

May 29, 2018 By Bob Coleman Editor, SBA Hot Topic Tuesday SBA Hot Topic Tuesday — New SBA 7(a) Loan Matrix Released A revised version (14) of the “Servicing and Liquidation Actions 7(a) Lender Matrix” has been released effective May 1, 2018. Access the revised matrix here.

May 25, 2018 By Bob Coleman Editor, Fraud Friday Fraud Friday — Former Camargo State Bank President Jailed for 18 Months for Overdrafts Community banker Stephen Ward, 53, and two key employees held checks for friends and family, creating overdrafts that brought down 100-year old Oklahoma bank during the Great Recession. The bank was critically…

May 24, 2018 By Bob Coleman Editor, Main Street Monday Coleman Movers & Shakers — Tim Barron, Kyle Knoth, Justin Cracroft, Desiree Haschke Landmark National Bank Quickly Building SBA Team “We are excited to add Tim, Kyle, and Diana to our team,” says Michael Scheopner, President and CEO. “While Landmark has experience in SBA lending,…