TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Reports from the commercial banks and savings institutions insured by the Federal Deposit Insurance Corp. (FDIC) reflect aggregate net income of $76.8 billion in first quarter 2021, an increase of $58.3 billion (315.3 percent) from a year ago. Aggregate negative provision expense, reflecting improvements in the economy and asset quality, drove the increase in quarterly … Read more
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
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