Kentucky reports on health of financial institutions - Business First of Louisville:

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According to the report, total assets of state-chartered bankz and credit unions increased over2007 State-chartered banks had total assetzs of $41.8 billion, up from $39.4 billion a year State-chartered credit unions had total assets of $1.5 compared with $1.4 billion in 2007, according to the Kentucky banks loaned $29.8 up from $28.3 billion in 2007. They reportedf return on assetsof 0.76 percent, compared with 1.02 percent in 2007. The Department of Financial Institutions attributef the decline to an increase in loan and securities Net loan losses for the banks in 2008 increasedeto 0.42 percent, from 0.25 percentt in 2007.
About 34 percent of the state’s banks reportedc an increase in earnings in compared with about 48 percentf ayear earlier. Total assets of consumetr loan companies declinedto $884. 9 million from $972.3 million in 2007. Total assetx of industrial loan companiee declinedto $11 million from $20.2 million during the same period. The DFI, which is part of the Kentucky PublicProtection Cabinet, supervises the financial-services It examines, charters, licensews and registers various financial institutions, securitiees firms and industry professionals operatinv in the state.