Data recently released by Saltmarsh's Financial Institutions Consulting group, The Bank Advisors, was featured in an article in the latest edition of the Tampa Bay Business Journal.
The report, released quarterly, shows that Tampa area banks lending and profits are growing. Profits from the 39 Tampa area community banks mentioned in the article totaled $114.8 million for the first half of 2012, which is a 107 percent increase over 2011. Lending is also showing growth.
In the article, Saltmarsh's Bill Massey was quoted as saying “We’re moving in the right direction, but it will still take a while to
get nonperforming assets and foreclosures off the books.”
Click here to read the article by the Business Journal's Margie Manning, and view a snapshot of the data from Saltmarsh's quarterly banking report.
To view the reports in their entirety, visit www.thebankadvisors.com.
No comments:
Post a Comment