FDIC 2nd Quarter 2023 Banking Profile
Posted on November 15, 2023
- Net Income Decreased From the Prior Quarter, Driven by Lower Noninterest Income
- The Net Interest Margin Declined for the Second Straight Quarter
- Unrealized Losses on Securities Increased Quarter Over Quarter
- Loan Balances Increased From Last Quarter and a Year Ago
- Total Deposits Declined for a Fifth Consecutive Quarter
- Asset Quality Metrics Remained Favorable Despite Modest Deterioration
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Tags: Enlighten Financial, FDIC 2nd Quarter 2023 Banking Profile
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