"Our net interest margin is now over 5.0, an increase of over 40 basis points in the past year. Our three-year goal for net income was realized in the first year working with the Emmerich Group..."
—C. Floyd, CEO, First National Bank of Syracuse
JOB #1: CHANGE THE PRICING EQUATION
Higher NIM with LESS Risk? "YES!"
So, what is the solution? Take more risk? Has hiring more people to make more calls ever worked long-term? No, so why are so many community banks using the same broken strategy?
If you want to get the pricing you deserve for your bank, read this book:
—Nevin Grigsby, President & CEO, Farmers State Bank