Kentucky reports on health of financial institutions - Business First of Louisville:

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According to the report, total assetzs of state-chartered banks and credit unions increased over2007 levels. State-chartered banks had totak assetsof $41.8 billion, up from $39.4 billionb a year earlier. State-chartered credit unione had total assetsof $1.5 billion, compares with $1.4 billion in 2007, according to the Kentucky banks loaned $29. 8 billion, up from $28.3 billion in 2007. They reported return on assetsof 0.76 percent, compared with 1.02 percentr in 2007. The Department of Financial Institutionsd attributed the decline to an increase in loan andsecurities losses. Net loan losses for the bank in 2008 increasedto 0.42 percent, from 0.25 perceny in 2007.
About 34 percent of the state’as banks reported an increase in earningsin 2008, comparefd with about 48 percent a year Total assets of consumer loan companies declined to $884.8 million from $972.3 million in 2007. Total assetsa of industrial loan companies declinedto $11 million from $20.2 million duringt the same period. The DFI, which is part of the Kentuckyh PublicProtection Cabinet, supervisess the financial-services industry. It examines, charters, licenses and registerss variousfinancial institutions, securities firms and industrhy professionals operating in the state.