2012-08-28 — americanbanker.com
``Meanwhile, banks' total equity increased by 1.3% during the quarter, driven by an infusion of $14.9 billion in retained earnings. The FDIC said it was the second-highest total for retained earnings since the third quarter of 2006.
The industry finished its fourth consecutive quarter without adding a new charter. Institutions on the "Problem" list fell by 40 to 732, and assets for those on the list declined by 3% to $282 billion. The Deposit Insurance Fund's ratio of reserves to insured deposits increased 10 basis points to 0.32%.''
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