Assets up, profits flat for Bham banks in 2014

March 18, 2015, by John Norris

Most Birmingham banks reported an uptick in assets last year, but profits remained flat, according to the latest data from the FDIC. With lending picking up at many institutions, total assets for Birmingham banks rose by $12.4 billion in 2014 – a gain driven primarily by Birmingham's biggest banks. Regions Bank, Birmingham's largest bank, finished the year totaling $118.6 billion in assets, up from $116.6 billion in 2013. BBVA Compass increased its assets from $71.7...

Read More : Assets up, profits flat for Bham banks in 2014 - Full Article