Alabama banks lost $451 million in 2010
by AnnistonStar
 Around the State
Feb 24, 2011 | 859 views |  0 comments | 14 14 recommendations | email to a friend | print | permalink

State chartered banks in Alabama lost a combined $451 million in 2010, according to data from the Federal Deposit Insurance Corp.

The state's performance was hurt by Alabama's largest banks. Banks with more than $100 million in assets lost a combined $457 million for the year, while banks with less than $100 million combined for a $6 million profit.

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