IDEAS home Printed from
   My bibliography  Save this article

A strong performance by District community banks in 1998


  • William R. Keeton
  • Michelle Holloway


Community banks in Tenth District states had another good year in 1998. They continued to benefit from solid growth in the district economy. And in contrast to some large banks in other parts of the country, they were largely unaffected by the turmoil in financial markets in the latter part of the year. To be sure, average profitability would have edged down in 1998 were it not for the decision by a substantial number of banks to change their tax status. Even accounting for this effect, however, district community banks remained highly profitable. ; Furthermore, overall loan quality showed no sign of deterioration, and loan growth and deposit growth were both healthy. Community banks in the district also compared favorably with their peers in the rest of the nation in all performance measures.

Suggested Citation

  • William R. Keeton & Michelle Holloway, 1999. "A strong performance by District community banks in 1998," Regional Economic Digest, Federal Reserve Bank of Kansas City, issue Q II, pages 15-22.
  • Handle: RePEc:fip:fedkre:y:1999:i:qii:p:15-22

    Download full text from publisher

    File URL:
    Download Restriction: no


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fedkre:y:1999:i:qii:p:15-22. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Lu Dayrit). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.