Maryland banks last year posted their largest profit in more than a decade, buoyed by an increase in loans and assets. The state’s 50 banks insured by the Federal Deposit Insurance Corp. posted a profit of $342 million in 2017, up less than 1 percent from $340 million a year before. The yearly profit is the highest mark since $646 million for 2006, at the height of the real estate market. The bank’s closed 2017 with total assets of $40.6 billion, up less than 1 percent from $38.5 billion a year…
from https://www.bizjournals.com/baltimore/news/2018/02/27/maryland-banks-post-highest-profit-in-11-years.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/171354441157
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