|
Date |
ArticleType |
|
8/24/2017 |
|
Bank profits in Arkansas jump 22% in first half of 2017, only 4% of banks post losses |
|
|
By Kim Souza
TBP
Cheap money and decent loan demand is helping Arkansas banks earn bigger profits, according to the recent State Banking Performance Report compiled by the Federal Deposit Insurance Corp. (FDIC).
Through June, 98 Arkansas banks cumulatively earned $610 million in net profits, up 22.7% over the $497 million pocketed in the year ago period. Bankers polled by Talk Business & Politics said the overall Arkansas economy is good and there are pockets of continued growth in the Northwestern and Northeastern regions of the state.
Read more..
|
|
|