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August 1976

Income and Expenses of the Eighth District Member Banks: 1975

by Jean M. Lovati

Eighth District member banks experienced a moderate increase in net income in 1975, a year of recovery and restoration. The financial strength of banks in the Eighth District generally improved during the year. Capital cushions were built up and debt was reduced. In the early 1970s when demand for credit was strong, many banks expanded their loans but frequently showed little growth in their capital accounts.