FDIC Third Quarter Report: Improved Profitability

O n December 1, the Federal Deposit Insurance Corp. (FDIC) reported results from commercial banks and savings institutions that reflect improved profitability from the first and second quarters of this year, increased liquidity and strengthened capital levels. As a result, the banking industry remains well-positioned to accommodate loan demand and support the economy. For the … Read more

FDIC Issues Report on the Importance of Community Banks in Paycheck Protection Program Lending

An analysis of call report data from FDIC-insured banks finds that community banks are playing a vital role in supporting small businesses through the Small Business Administration’s Paycheck Protection Program (PPP). Community banks hold nearly a third of all bank-held PPP loans, compared to holding only 15 percent of all bank loans, according to a … Read more

Community Bank Optimism on Local Economic Health Ticks Up Slightly, but Concerns Remain

Community bankers are feeling slightly better about the health of their local economies, but still far short of their pre-pandemic level of confidence, the most recent Community Bank Sentiment Index (CBSI) reveals. The Conference of State Bank Supervisors released the third-quarter results in early October, collecting data from 334 community banks across the nation during … Read more