Commercial banks in Tenth District states continued to perform well in the first half of 1994. Profitability leveled off at a high level, asset quality improved, and loan growth accelerated. Based on these performance measures, banks in district states once again outperformed banks in the rest...

The average profitability of banks in Tenth District states edged up in 1987 after five years of decline. Agricultural banks showed the greatest recovery, combining faster loan growth with lower loan losses and higher profits.