Banks in general love high rates. It's really hard to both justify keeping your money in the bank (vs other assets or just under the mattress) when interest rat

Banks in general love high rates. It's really hard to both justify keeping your money in the bank (vs other assets or just under the mattress) when interest rates are zero or near zero, and higher rates give them more wiggle room with buyers with good credit. The problem right now is that those small banks' balance sheets are being squeezed by the pace of raising interest rates.