FDIC 2nd Quarter 2023 Banking Profile

Posted on November 15, 2023 Published by
  • 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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