Third quarter results show banking industry’s strength
Data released by the Federal Deposit Insurance Corp. (FDIC) showed continued strength for the banking industry. The state-specific data reported loan, deposit and asset growth in the third quarter despite continued inflationary pressures and economic uncertainty. “The banking industry in Iowa remains competitive and continues to benefit the economy and the communities it serves,” said Adam Gregg, president and chief executive officer of the Iowa Bankers Association. “This quarter’s results reflect the industry’s ongoing stability and points to positive momentum heading into ...