Oklahoma Bankers Association We make bankers better!
Through the first two quarters of the year, Oklahoma banks earned $720 million at the end of June 2017.
Earnings to date are well ahead of bank earnings at this same point in 2016 and are $32 million ahead of the previous record year (2015). Total assets have grown to $114 billion (roughly $11 billion ahead of last year) while total loans have grown to $73.8 million, up from $67.1 million one year ago.
The percent of institutions with earning gains stood at 49.05 percent.
Return on assets stands at 1.27 percent through the first half of 2017 while return on equity stands at 12.22 percent. Those percentages, however, trail the 2015 percentages in both categories.
Net charge-offs are down from last year, but behind the record year of 2015 while the net interest margin has increased to 3.6. Non-current loans dropped to 2.48 percent from 2.87 percent last year and 3.18 percent in 2015.