FDIC: More Ga. Banks Profitable in Q1

May 22, 2010  |  

(Atlanta Business Chronicle) — The first quarter of 2010 was a better one for Georgia’s banks, and the banking industry in general, according to data released Thursday by the Federal Deposit Insurance Corp.

Georgia banks failed to be profitable as a whole for the fifth straight quarter, but more Peach State banks crossed into the black during the first 90 days of 2010 than at any time in a year.

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