According to a FDIC survey, despite holding only 13% of banking industry assets, the data showed community banks hold 42% of small business loans. read more

OCT 2, 2018 - 6:35 am

The FDIC reported Q1/18 aggregate bank earnings of $56 billion were up 27.5% from the same quarter last year. The FDIC chairman noted an “increasingly competitive lending environment has led some institutions to reach for yield.” read more

MAY 23, 2018 - 7:06 am

The federal banking agencies proposed a revision to the regulatory capital rules to address and provide an option to phase in the capital effects of the new accounting standard for credit losses. read more

APR 19, 2018 - 6:35 am

The FDIC reported commercial banks and savings institutions Q4/17 net income was 40.9% lower than a year ago largely due to one-time changes from the new tax law. read more

FEB 28, 2018 - 7:20 am

The FDIC issued its winter issue of the “Underwriting Trends and Other Highlights” survey which focuses on trends in underwriting, loan growth and funding. read more

JAN 11, 2018 - 7:20 am

The FDIC reported industry net income was 5.2% higher in Q3/17 versus a year earlier on higher net interest income. The regulator noted, however, that “competitive lending conditions continue to pose challenges.” read more

NOV 30, 2017 - 7:25 am

The FDIC reported bank aggregate net income of $48.3 in Q2/17 was up $4.7 billion or 10.7% from a year earlier. The regulator noted the increase was mainly attributable to a 9.1% gain in net interest income. read more

AUG 28, 2017 - 7:24 am

According to the recently released Shared National Credit Program Review, regulators said risk in the portfolio of large syndicated bank loans declined slightly buy remains elevated. read more

AUG 4, 2017 - 7:41 am

The FDIC entered into a purchase and assumption agreement with First-Citizens Bank & Trust Company to assume all of the deposits of Guaranty Bank. read more

MAY 8, 2017 - 6:44 am

The FDIC reported full-year 2016 earnings rose to $171.3 billion, up 4.9% compared to 2015. The regulator noted that loan loss provisions totaled $47.8 billion in 2016, an increase of 28.8% from 2015. read more

MAR 7, 2017 - 7:04 am

The FDIC and Federal Reserve rejected Wells Fargo’s latest “living will” plan and, as a result, has placed restrictions on bank’s ability to grow its international and non-bank activities. read more

DEC 14, 2016 - 7:11 am

The FDIC reported that banking industry aggregate net income of $45.6 billion in Q3/16 was up $5.2 billion or 12.9% from $40.4 billion a year earlier. read more

DEC 2, 2016 - 6:30 am

The FDIC reported expanding loan portfolios generated higher levels of net income in Q2/16. The regulator also noted noncurrent C&I loans increased with charge-offs up 13% year/year. read more

OCT 3, 2016 - 7:20 am

The FDIC reported, “The banking industry continued to improve in Q4/15. However, banks must remain vigilant as they manage interest-rate risk, credit risk and evolving market conditions.” read more

FEB 25, 2016 - 5:42 am

The FDIC reported Q3/15 bank net income of $40.4 billion was up 5.1% or $1.9 billion from a year earlier. Chairman Martin J. Gruenberg noted “signs of growing interest-rate risk and credit risk that warrant attention.” read more

NOV 25, 2015 - 7:55 am