In Q3 2016, Birmingham’s community banks posted $28.4 million in net income. It was a $2.4 million increase compared to Q3 2015.

The Birmingham Business Journal’s Michael Seale reached out to analysts for their insights on the growth.

After reviewing the numbers, Porter White and Company’s Michael Rediker noted, “For a number of these banks, strong loan growth helped drive the income statement.”

Read the article and learn more about our community bank practice.