Georgia’s 169 state-based federally insured banks earned $1.08 billion in the first quarter of 2019, an increase of 4.5% over the same quarter last year, the Georgia Bankers Association said Wednesday.
Total loans grew by 15.1%, deposits were up by 9.3% and total assets were up 14.2% compared to the first quarter in 2018.
“Our banking industry’s performance got off to a good start this year, and it’s encouraging to see loan and deposit growth that is above the national average,” said…
