2017 · 27 citations · 0 references
BusinessFinanceFinancial ManagementBankingCorporate FinanceLocal FinanceBranch BankingCommercial BankingCommercial BanksCorporate BankingMicrofinanceMicrofinance InstitutionsAcquisition Funding SourcesCommunity BankingFinancial Statement RatiosLending To Minority CommunitiesLoan Portfolio QualityLoan Quality ReportingMinority-owned BusinessesSpatial Distribution Of Banking
In this article, we analyze the experience and performance of MDIs in their primary local service areas in recent periods, including before, during, and after the 2008 financial crisis. We provide a review of the sector, highlighting key policies and initiatives pertaining to and affecting these institutions, and provide a brief review of previous research. We document trends in the sector, including: 1) the characteristics of the locations where MDIs tend to do business; 2) the changing landscape of MDIs in terms of openings, closings, and mergers by ethnic ownership; and 3) the performance of MDIs as measured by selected financial ratios, including loan quality, operating income, and funding sources. We present these trends over time, comparing MDIs with nonminority-owned (non-MDI) community banks.