FDIC 1st Quarter 2023 Banking Profile

Posted on June 14, 2023 Published by
  • Net Income Increased From the Prior Quarter, Led by Higher Noninterest Income
  • The Net Interest Margin Declined Quarter Over Quarter but Increased Year Over Year
  • Unrealized Losses on Securities Declined for a Second Consecutive Quarter
  • Loan Balances Declined Modestly From Last Quarter but Grew From a Year Ago
  • Total Deposits Declined for a Fourth Consecutive Quarter
  • Asset Quality Metrics Remained Favorable Despite Modest Deterioration

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