Friday, May 29, 2015

Florida banks grow Q1 loans at five times the national rate

Florida banks grew loans in the first quarter of 2015 at more than five times the national rate. However, loan growth in the first three months of this year was slightly lower among Florida-based banks than in the fourth quarter of 2014, according to the Federal Deposit Insurance Corp. There were 175 commercial banks and savings institutions in the Sunshine State in the first quarter, down from 179 in the fourth quarter and 192 in the first quarter of 2014. Florida financial institutions performed…

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