CDFI Banking Industry Quarterly Profile: Third Quarter 2015 Financial Performance
While the number of banks remained stable, the peer group overall saw growth in terms of total assets, total loans, and total deposits. For example, the median assets of CDFI banks increased from $207.7M to $229.7. Large gains were seen in total equity – overall the total equity in the industry increased by 13.4% since year end 2014 and the median bank’s equity has increased from $20.8M to $23.3M in the same time period.
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