Federal Reserve Bank of San Francisco
12th District Banking Profile: December 2011
Banks headquartered within the 12th Federal Reserve District remained weakened from recessionary conditions, but continued on a slow path towards recovery. In addition to improving asset quality and capital, District banks on average reported a return on average assets of 0.52% in 3Q11 (annualized), a figure well below normal levels, but the best 1-quarter ROAA in 3 1/2 years. The year-to-date average ROAA was a little weaker, at 0.41%.
Author: Federal Reserve Bank of San Francisco
Date of Publication: December 28, 2011
Last Updated: December 28, 2011