by - September 5, 2024 10:52 am
The 4,539 U.S. banks insured by the Federal Deposit Insurance Corp. (FDIC) had a combined second quarter net income of $71.5 billion, up 11.4%, or $7.3 billion, compared with the…
by - October 9, 2018 6:27 am
Federal Deposit Insurance Corporation (FDIC) Chairman Jelena McWilliams announced a new, agency-wide transparency initiative as the Trump administration is taking steps to strengthen ties with other federal regulators, the public…
by - November 29, 2016 1:24 pm
National and state banking sectors posted an almost 13% net income gain in the third quarter despite ongoing challenges, particularly for smaller banks. Arkansas banks posted a higher 21.3% combined…
by - October 20, 2016 2:52 pm
The unbanked population in Arkansas dropped to 9.7% of households last year, the lowest ever, according to a new report from the Federal Deposit Insurance Corp. Arkansas’ unbanked household rate…
by - October 5, 2016 7:57 pm
Consumers in the Fort Smith market have made $230 million more in local bank deposits in 2016 compared to 2015, with deposits up over 10% since 2014. Deposits stood at…
by - October 3, 2016 5:11 pm
Consumers in Northwest Arkansas have socked away $597 million more in local bank deposits in 2016 than in 2015, with deposits up almost 13% since 2014. Deposits in the metro…
by - August 30, 2016 5:45 pm
Low interest rates, stable loan demand and hyper competition characterized the banking climate in the state and nation, with net income for all U.S. banks up 1.46% in the second…
by - December 15, 2015 9:44 pm
Arkansas bankers are forecasting modest growth in 2016 based on improvements noted in several recent financial reports. John Silvia, chief economist with Wells Fargo Securities, said during the company’s 2016…
by - December 12, 2013 5:43 pm
Third-quarter 2013 banking and other economic data released Thursday (Dec. 12) by the Federal Deposit Insurance Corp. (FDIC) show improvements in the state’s banking sector and continued signs of muted…
by - December 17, 2012 5:00 pm
It’s not breaking news that mobile phones have changed how businesses and consumers interact, but a report issued Monday (Dec. 17) by the Federal Deposit Insurance Corp. addresses the legal,…
by - June 12, 2012 11:47 pm
Banks across the Natural State are posting the best profits in three years and Northwest Arkansas’ market is no exception, though it’s still working through an overhang of problem real…
by - June 12, 2012 5:53 pm
It looks like Arkansas banks are off to their best start in three years, despite lackluster loan demand and looming regulatory costs. With the downturn in the economy in late…
by - February 28, 2012 4:06 pm
Six local banks among those with the largest market share in the Fort Smith metro area combined to earn $463.450 million in 2011. This marked a year-over-year improvement for five…
by - February 28, 2012 3:20 pm
It’s been a long four-year recovery for Northwest Arkansas’ banking sector, but 2012 looks a bit brighter as local banks made steady progress last year. The 16 community banks surveyed…
by - January 31, 2012 4:44 pm
Arvest Bank said it has entered an agreement to purchase Union Bank of Kansas City which has 10 branches in that market. This will double Arvest’s number of branches in…
by - January 27, 2012 2:07 pm
Danville-based Chambers Bank came under a cease and desist order issued by the Federal Deposit Insurance Corp. in December, but made public today (Jan. 27). The bank joins the ranks…
