Community Improvement -- But the Optimism Is Cautious

Witkowski, Rachel
July 2010
American Banker;7/26/2010, Vol. 175 Issue 113, p1
Trade Publication
The article discusses financial results for community banks in the U.S. for the second quarter of 2010. Median net income rose between 4% and 9.6%, while non-performing loans declined from 2.3% up to 9.5%, depending on the region. R. Scott Smith Jr., chief executive of bank Fulton Financial Corp., thinks the economic recovery in the U.S. will be an uneven one.


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