Atlanta, GA (PRWEB) January 07, 2014
Resurgent Performance Inc., a community bank consulting firm based in Atlanta, today released its Executive Briefing, “High Performance: Still the Holy Grail in Banking,” which details the financial metrics by which community banks should measure their financial performance.
“For too long, bankers have been working with performance metrics from the early to mid-90s, which were drastically different in terms of compliance requirements, technology standards, and the overall economy,” says L.T. (Tom) Hall, Resurgent Performance Inc.’s CEO and author of the Executive Briefing.
Utilizing data from the FDIC with statistical analysis that accounts for outlying performers on either end of the spectrum, Resurgent has created the “RPI Modified Universe” of bank performance, building a framework that allows community bankers to set meaningful performance goals based on the asset size of their institution.
“This original research sets a new performance bar by which community banks can work to incrementally improve their financial performance in a much more realistic framework,” continues Hall.
The Executive Briefing is available at this link, and Resurgent Performance plans to release a series of more in-depth, related papers and presentations throughout 2014.
About Resurgent Performance, Inc:
Resurgent Performance works with banks across the country to develop strategy, improve performance, assess risks, deploy technology, and explore new markets. We are committed to helping your financial institution not only thrive, but help define the future of banking.