Maryland banks saw their profit grow 25 percent in the first quarter as the economy continued to improve. The state’s 54 federally insured banks reported a combined profit of $96 million in the quarter, compared to $77 million a year ago, according to data released Wednesday by the Federal Deposit Insurance Corp. Deposits rose 7 percent to $31.8 billion from $29.6 billion a year ago. Total assets increased 8 percent to $39.2 billion and lending grew 11 percent to $30.3 billion. The number of banks…
from http://www.bizjournals.com/baltimore/news/2017/05/24/maryland-banks-post-25-percent-increase-in-first.html?ana=RSS%26s=article_search
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