FDIC 3rd Quarter 2023 Banking Profile

Posted on December 6, 2023 Published by
  • Net Income Decreased From the Prior Quarter, Driven By Lower Noninterest Income and Higher Realized Losses on Securities
  • The Net Interest Margin Increased From the Prior Quarter to 3.30 Percent
  • Unrealized Losses on Securities Increased From the Prior Quarter
  • Community Banks Reported Lower Net Income From the Prior Quarter
  • Loan Balances Increased From Last Quarter and One Year Ago
  • Total Deposits Declined For a Sixth Consecutive Quarter
  • Asset Quality Metrics Remained Favorable Despite Modest Deterioration
  • The Deposit Insurance Fund Reserve Ratio Rose to 1.13 Percent

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