Banking Industry Growth in 2014

1. Banking Industry
Growth in 2014
Arthur Holmer

2. Banking
Industry
Growth in 2014
 As founder and managing principal ofWells Street Companies in
Chicago, Illinois,Arthur Holmer cultivates relationships with local
and national banks, brokers, and financial institutions.Arthur
Holmer leverages these relationships to fund new acquisitions and
finance investments in and around the Chicago, IL, area.

3. Banking
Industry
Growth in 2014
 According to the United States Federal Reserve, 2014 stood out as
the most profitable year in banking since the recent economic
recession. Despite litigation costs and regulatory concerns among
the country's largest banks, total loan portfolio growth
accelerated at an annual total of 6.8 percent. Commercial loans,
including discretionary spending loans and automobile loans,
accounted for much of the industry’s growth.

4. Banking
Industry
Growth in 2014
 More than 60 percent of banks in the United States reported
increased earnings in the fourth quarter of 2014. Community
banks in particular have seen an upswing in all areas ,
predominantly in loan growth. Statistics show outstanding loan
balances at community banks up 8.6 percent, as compared to the
industry average of 5.3 percent. Experts attribute this trend to the
general increase in lending activity as well as the recent trend of
community banks in catching up to the recovery that larger banks
began to see in earlier years.