Summary
This research has explored management and financial characteristics within mature black banks over the period of 1978–81. In general, although loan loss management remains a key variable in successful financial performance, other variables often argued to explain profitability differences between black and nonminority banks were not so helpful in explaining profit variation among black banks. It appears that a new model of successful black banking must be developed.
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Notes
Timothy Bates, “Lending Activities of Black-Owned Commercial Banks,”Review of Black Political Economy 6 (Winter 1976): 173–188; John T. Boorman,The Recent Loan Loss Experience of New Minority-Owned Commercial Banks (Washington, D.C.: Federal Deposit Insurance Corporation, 1974); John T. Boorman and Myron Kwast, “The Start-Up Experience of Minority-Owned Commercial Banks: A Comparative Analysis,”Journal of Finance 29 (September 1974): 1123–1141; Andrew F. Brimmer, “The Black Banks: An Assessment of Performance and Prospects,”Journal of Finance 26 (May 1971): 379–405; Samuel Doctors, Allan R. Drebin, and Edward D. Irons, “The Impact of Minority Banks on Communities,”The Bankers Magazine 158 (Spring 1975): 84–91; Jacob M. Duker and T. Gregory Morton, “Black-Owned Banks: Issues and Recommendations,”California Management Review 17 (Fall 1974): 78–85; Edward D. Irons, “Black Banking—Problems and Prospects,”Journal of Finance 26 (May 1971): 407–425.
Boorman and Kwast, p. 1123; Duker and Morton, p. 81; Irons, p. 424.
John T. Boorman,New Minority-Owned Commercial Banks: A Comparative Analysis (Washington, D.C.: Federal Deposit Insurance Corporation, 1973), p. 44; Brimmer, p. 391; Irons, pp. 422–23; Phil W. Petrie, “Dividends of Experience,”Black Enterprise 16 (June 1982): 137–140.
Timothy Bates and William Bradford, “An Analysis of the Portfolio Behavior of Black-Owned Commercial Banks,”Journal of Finance 35 (June 1980): 753–768. Peter S. Rose, William L. Scott, and Clifford L. Fry, “The Growth of Minority-Owned U.S. Commercial Banks,”Business Review (University of Michigan) 31 (January 1979): 24–32; Bruce J. Summers and James F. Tucker, “Performance Characteristics of High-Earning Minority Banks,”Economic Review (Federal Reserve Bank of Richmond) 62 (November/December 1976): 3–12.
Boorman (1973); Boorman and Kwast.
Boorman (1974).
Brimmer; Rose, et al.; Summers and Tucker.
John S. Clark, “New ABA Survey: Profile of Today’s Senior Commercial Lending Officer,”Banking 70 (November 1978): 40–44; Gardner W. Heidrick, “Career Characteristics of Top U.S. Bankers,”The Bankers Magazine 159 (Winter 1976): 19–24; “How Bank Presidents Stack Up,”Banking 70 (June 1978): 73–74.
Petrie, p. 138.
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Gardner, M.J. Black-owned commercial banks: A new look at their performance and management. Rev Black Polit Econ 12, 91–101 (1982). https://doi.org/10.1007/BF02903928
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DOI: https://doi.org/10.1007/BF02903928