It’s Good to be Bank
The FDIC announced the reported aggregate $45.6 billion in net income for the 3rd quarter of 2016 for the 5,980 insured Banks. The record level is up 12.9% from a year earlier and a record amount over the past decade. Other key performance levels including problem banks, delinquency, loan growth, and deposit insurance reserves showed positives. [11/30/16]


