Tuesday Topic: Tax Reform Windfall

We're a sub S bank, so our shareholders pay our tax liability and will receive the tax reform benefit. The tax changes will allow us to reduce our tax distribution (dividends) to shareholders and allow us to grow loans/deposits at a faster rate as a result of potential capital retention.

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Jill Castilla
The Citizens Bank of Edmond
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Original Message:
Sent: 01-09-2018 10:58
From: Barb Rehm
Subject: Tuesday Topic: Tax Reform Windfall

As bankers across the country prepare for fourth-quarter earnings calls, American Banker says executives better be ready to explain how they plan to deploy tax-reform windfalls. How will your bank use its tax savings? To better compete by raising deposit or lowering loan rates? Or will you invest it, say in new technologies? Or maybe return capital to shareholders via dividends or buybacks?

Please let the community know what you're thinking.

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Barb Rehm
Promontory Interfinancial Network
Arlington VA
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