Georgia’s 169 state-based federally insured banks earned $1.08 billion in the first quarter of 2019, an increase of 4.5% over the same quarter last year, the Georgia Bankers Association said Wednesday.
Total loans grew by 15.1%, deposits were up by 9.3% and total assets were up 14.2% compared to the first quarter in 2018.
“Our banking industry’s performance got off to a good start this year, and it’s encouraging to see loan and deposit growth that is above the national average,” said…
Atlanta Business Journal
Georgia banks earned .08 billion in first quarter 2019