FDIC Second Quarter Report: Community Banks Registered a 3.2 Percent Increase in Net Income

O n August 25, the Federal Deposit Insurance Corp. (FDIC) reported that commercial banks and savings institutions saw a decrease in net income of 70 percent from a year ago, while liquidity and capital levels remained very strong to meet loan demand and absorb any losses in the future. For the 5,066 commercial banks and … Read more