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ABA: The American Bankers Association
Statement

ABA Statement on FDIC’s Quarterly Banking Profile

“The latest FDIC Quarterly Banking Profile shows that the banking industry remained resilient in the first quarter with solid earnings and robust deposit and loan growth. Despite increased market volatility, asset quality metrics remained stable. America’s banks are well capitalized with strong liquidity to continue supporting their customers and communities.”

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About the American Bankers Association

The American Bankers Association is the voice of the nation’s $25.3 trillion banking industry, which is composed of small, regional and large banks that together employ over 2 million people, safeguard $20.1 trillion in deposits and extend $13.5 trillion in loans.

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Mike Townsend

(202) 663-5471

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