Federal Reserve System and the Conference of State Bank Supervisors

Community Banking in the 21st Century

Sept. 23-24, 2014, Federal Reserve Bank of St. Louis

William Bassett, "Assessing Targeted Macroprudential Financial Regulation: The Case of the 2006 Commercial Real Estate Guidance for Banks"

 

William Bassett of the Federal Reserve Board of Governors presents his paper “Assessing Targeted Macroprudential Financial Regulation: The Case of the 2006 Commercial Real Estate Guidance for Banks,” co-authored with Blake Marsh, also with the Board. The authors found that commercial real estate loan growth at banks over the thresholds established by CRE regulation was substantially slower than at banks below the thresholds.

Day 1

Introduction: St. Louis Fed BS&R Senior Vice President Julie Stackhouse (4:18)
Welcome: St. Louis Fed President James Bullard (3:58)
Conference Overview: CSBS President John Ryan (4:32)
Conference Overview: Federal Reserve Gov. Jerome Powell (10:09)
Morning Keynote Address: Kansas City Fed President Esther George (39:37)

Research Session 1: Community Bank Formation, Behavior and Performance
Research Panel 1 Moderator: Ken B. Cyree (6:41)
Research Panel 1 Presenter: Chiwon Yom (16:30)
Research Panel 1 Presenter: Jacob Gramlich (18:05)
Research Panel 1 Presenter: Zhaozhao He (16:59)
Research Panel 1 Presenter: Chuck Morris (22:43)
Research Panel 1 Community Banker Discussant: Mark Schroeder (13:43)
Research Panel 1 Follow-up: Ken B. Cyree (4:22)
Research Panel 1 Q&A (9:49)

Research Session 2: The Effect of Government Policy on Bank Lending and Risk-Taking
Research Panel 2 Moderator: Richard A. Brown (10:02)
Research Panel 2 Presenter: William Bassett (21:54)
Research Panel 2 Presenter: Dean Amel (19:38)
Research Panel 2 Presenter: Julie Anderson Hill (24:50)
Research Panel 2 Community Banker Discussant: David C. Williams (21:05)
Research Panel 2 Q&A (10:42)

Research Session 3: The Effect of Government Policy on Bank Lending and Risk-Taking
Research Panel 3 Moderator: Heidi Mandanis Schooner (5:21)
Research Panel 3 Presenter: Hester Peirce (18:05)
Research Panel 3 Presenter: Joshua Mitts (16:03)
Research Panel 3 Presenter: Arthur Wilmarth, Jr. (21:13)
Research Panel 3 Presenter: Tanya D. Marsh (15:13)
Research Panel 2 Community Banker Discussant: J. Pat Hickman (19:09)
Research Panel 3 Q&A (9:21)

Evening Keynote Address
Evening Keynote Introduction: Candace Franks (3:21)
Evening Keynote Presentation: Rebeca Romero Rainey (28:16)

Day 2

Presentation of Community Banking in the 21st Century: Opportunities, Challenges and Perspectives Report
Michael Stevens, CSBS and Andrew Meyer, St. Louis Fed (38:05)

Panel Discussion: The Future of Community Banking
Panel Discussion Moderator: Lamont Black (8:36)
Moderator: Lamont Black, DePaul University, Chicago, Ill.
Panelists: Trey Maust, co-founder and co-president of Lewis and Clark Bank, Oregon City, Ore.; R.H. (Hank) Seale III, founder and chairman of Q2 and CBANC Network, Austin, Texas; Joshua Siegel, managing partner and CEO of Stonecastle Partners LLC, New York City, N.Y.; and Thomas Zimmerman, president and CEO of Standard Bank of Monroe, Penn.
Panel Discussion Part 1: The Future of Community Banking (8:30)
Panel Discussion Part 2: The Future of Community Banking (14:46)
Panel Discussion Part 3: The Future of Community Banking (13:55)
Panel Discussion Part 4: The Future of Community Banking (24:08)
Panel and Audience Q&A (45:00)

Conference Wrap-Up and Closing Remarks: St. Louis Fed BS&R Senior Vice President Julie Stackhouse (14:39)