Oakworth Capital Bank receives perfect Texas ratio score

November 25, 2015, by John Norris

Birmingham banks were among some of the region's healthiest and the state of Alabama's unhealthiest, according to recently-released Texas ratio scores for the third quarter of 2015. While Birmingham's Oakworth Capital Bank was the city's only bank with a perfect Texas ratio score of 0.0, the Magic City's Alamerica Bank was given the worst rating in the state, with a lofty 120 score...  

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A new business model for Alabama

November 24, 2015, by John Norris

Back when we started our company, more than a couple of people said something along these lines: “Really, John? Birmingham needs another bank like it needs a hole in the head.” I admit I was more than a little offended the first time I heard this, but soon learned to come back with: “Oh, you mean like nostrils and a mouth? (Read the full article as previously published in the Montgomery Advertiser Saturday Nov 21st…) The opinions...

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Some Common Cents for November 20th 2015

November 21, 2015, by John Norris

This week the Pew Research Center (Pew) released a study which claimed more Mexicans returned to Mexico during 2009-2014 than came to the United States, a difference of 140,000. Its data came straight from US Census Bureau estimates for Mexican arrivals and the 2014 Mexican National Survey for Demographic Dynamics. Of course, it would be just about impossible to accurately count every individual traveling around North America under the proverbial radar, but it is an...

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Gambling in Ala. has small payoff

November 20, 2015, by John Norris

From my seat way out in left field, Montgomery seems to have exerted a lot of energy cracking down on gambling without much to show for it. After Judge Shashy’s ruling in favor of Victoryland last month, I suppose the Governor decided it would be better for Attorney General’s office to spend its resources doing something else. It does seem like an uphill battle. (Read the full article as previously published in the Montgomery Advertiser Sunday Nov...

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Some Common Cents for November 13th 2015

November 16, 2015, by John Norris

Imagine it is a slightly overcast day, and you are out for a leisurely stroll, say, walking the dog. From the opposite side of the street, a suspicious looking man approaches you carrying a gun in his hand. He shoulders up, and starts talking about the weather: “yeah, it hasn’t been all that nice today, but it could be worse, you know? I guess it could always be nicer, right? However, if the sun ever...

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Why can’t business do more to help the economy?

November 13, 2015, by John Norris

It seems like there are a lot of fat cats out there when many families are struggling just to get by, doesn’t it? It is understandable why so many Americans feel this way. I mean, the numbers are what the numbers are, right? The biggest problem with any discussion about corporate profits is folks ordinarily include totals from foreign subsidiaries when discussing them. While still profit, this type of commingling kind of clouds the issue....

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Some Common Cents for October 30th 2015

November 2, 2015, by John Norris

To read the headlines this week, you would think the US Treasury stood at the precipice of defaulting on its debt. Nothing could be further from the truth. The US won’t default on its debt until it absolutely can’t finance it any longer, and that is some years away. After all, for the fiscal year to date ending in August 2015, the Treasury has raked in $2.883 trillion and paid out $381.346 billion to service...

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