The IMF is expected to release its flagship World Economic Outlook (WEO) Report in late September, but I am fairly confident that the main messages will be that the global recovery remains at risk and crisis management is a top priority.
Strong capital ratios, well in excess of regulatory minimums, have been a key factor in managing credit concentrations and, indeed, a striking attribute of the most profitable community banks. The top one-fifth of community banks, in terms of profitability, typically hold 1.6 percentage points more capital relative to assets than other community banks.