CDFI Banking Industry Annual Report: 2015 Financial and Social Performance

The CDFI banking sector continued to grow in 2015 with the addition of 12 banking institutions that became certified for the first time — eight of which are located in either Alabama or Mississippi.We are happy to report that the CDFI banking industry has continued the recent trend of improving profitability and asset quality during 2015. At year-end 2015, 103 (87%) of CDFI banks reported a positive net income, with 45 (38%) reporting an ROAA greater than 1%. The CDFI banking industry continues to increase asset levels to heights previously unseen and continues to improve asset quality and capitalization ratios.