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

August 29, 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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