JOHNSTON, IOWA (Aug. 22, 2017) – According to second quarter results released by the Federal Deposit Insurance Corporation (FDIC) today, Iowa banks saw continued improvements in loan demand, outpacing the nation in loan growth for the quarter. Iowa-based banks provided more than $58.3 billion in total loans as of the end of the second quarter, up 5.71 percent from $55.1billion in the second quarter of the year prior. This compares to a 3.70 percent increase in total loans nationwide.
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