A report from the FDIC shows South Dakota banks have had a very good year. Total bank profits in the state were up almost eight billion dollars in the first three quarters of the month compared to last year, a fifty five percent jump. Curt Everson, President of the South Dakota Bankers Association, says those numbers include a number of nationally based banks…
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2010/12/CURTEVERSON1213A.mp3|titles=CURTEVERSON1213A]Everson says the real comparison is among state chartered banks…
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2010/12/CURTEVERSON1213B.mp3|titles=CURTEVERSON1213B]State banks saw average profits go up about twenty six percent from last year. Everson says its possible that those banks could help lead the state out of the recession…
[audio:http://prprt.itmwpb.com/wp-content/uploads/sites/688/2010/12/CURTEVERSON1213C.mp3|titles=CURTEVERSON1213C](courtesy WNAX Yankton)