FDIC-Insured Institutions Earned $40.2 Billion in the Second Quarter of 2014

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Other highlights from the FDIC Quarterly Banking Profile include:

  • Quarterly loan growth is largest since 2007
  • Commercial banks and savings institutions second quarter net income increased $2B or 5.3%
  • More than half of the 6,656 institutions reporting had positive year over year growth in earnings
  • The number of problem banks fell for the 13th consecutive quarter
  • The Deposit Insurance Fund (DIF) net worth increased to over $51 Billion

For more details, please visit https://www.fdic.gov/news/news/press/2014/pr14071.html

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