Midwest banks pay it forward in 2013

The Christmas season is typically a time to give back to the community, and banks are no exception. Bell State Bank & Trust of Fargo, N.D., and River Valley Bank of Wausau, Wis., are just two of many such community-minded institutions making an impact in ways big and small this year. [Continue]

Bank conditions improving slowly around Lake Michigan

Unemployment numbers are improving but remain high around Lake Michigan, and bank performance in Wisconsin, Illinois, Michigan and Indiana is similarly rocky. FDIC third quarter profiles for the four states show that net interest margins have deteriorated since 2011, and, while return on assets is improving in those states, it still remains below 1.00 percent. [Continue]

Banks improving in Iowa, Nebraska, Kansas and Missouri

Amid improving employment and housing conditions, bank performance is also on the mend in Iowa, Nebraska, Kansas and Missouri. FDIC third quarter profiles show improved assets and return on assets for banks in all four of those states since 2011. [Continue]

Asset quality at Dakota banks continues upward even as bank numbers ebb

Amid positive employment developments and housing growth, asset quality at banks in North and South Dakota continue to improve. However, FDIC third quarter profiles of the states show that assets held by North Dakota banks diminished, and, while total assets in South Dakota banks increased, smaller banks in the state experienced a decrease in assets. [Continue]

Notes, news and views on community banking

Fed helps put recession into historical context       The Federal Reserve Bank of Minneapolis has added a page to its website which compares the current recession with previous recessions. The site considers data from the 10 recessions since 1946. Employment data and output levels are considered.       The Minneapolis Fed says that with employment off 2 percent … Read more