2025 Research Papers Selected
The Federal Reserve System, the Conference of State Bank Supervisors (CSBS), and the Federal Deposit Insurance Corp. (FDIC) are pleased to announce the papers that have been selected for presentation at the thirteenth annual Community Banking Research Conference, which will be held in person Oct. 7-8, 2025. The invitation-only in person conference will be held at the Federal Reserve bank of St. Louis, with a livestream option that will be open to all.
The conference brings together academics, community bankers, regulators and policymakers to focus on the latest academic research on community banking and the important policy issues that affect community banks.
This year's selected papers, sectioned by topic area, and their respective authors are:
Deposit Franchise Value and Market Power
The Decline of Branch Banking | Rajesh Narayanan, Louisiana State University; Dimuthu Ratnadiwakara, Federal Reserve Bank of Richmond; Philip Strahan, Boston College
Poverty Spreads in Deposit Markets | Emilio Bisetti, HKUST; Arkodipta Sarkar, National University of Singapore
Banks’ Images: Evidence from Financial Advertising | Xugan Chen, Yale University; Allen Hu, University of British Columbia; Song Ma, Yale University
Failed Banks
Supervising Failing Banks | Sergio Correia, Federal Reserve Bank of Richmond; Stephan Luck, Federal Reserve Bank of New York; Emil Verner, MIT
When Banks Fail: Depositor Attention and the Cost of Funding for Survivors | Brian Jonghwan Lee, Emory University; Stefan Walz, Columbia Business School
Bad Bank, Bad Luck? Evidence from 1 Million Firm-Bank Relationships | Peter Lambert, London School of Economics; Yannick Schindler, London School of Economics
Innovation and Technology in Small Business Lending
U.S. Banks’ Artificial Intelligence and Small Business Lending: Evidence from the Census Bureau’s Technology Survey | Jeffrey Piao, University of Missouri; Philip Wang, University of Florida; Diana Weng, Baruch College-CUNY
Regulation Meets Technology: Evolution of Small Business Lending in Underserved Areas since 2007 | Mattia Landoni, Federal Reserve Bank of Boston; Christina Wang, Federal Reserve Bank of Boston
Data as Collateral: Open Banking for Small Business Lending | Tong Yu, Imperial College London
Poster Session
Leverage without Risk Weights: A Double-Edged Reform for Community Banks | Ruinan Liu, McMaster University
Mission-driven Lenders | Yaming Gong, Temple University; Samuel Rosen, Temple University; Tilan Tang, Wake Forest University