Top Performing Small Banks: Making Money the Old-Fashioned Way

FRB Richmond Economic Review, Vol. 75, No. 6, November/December 1989, pp. 23-35

13 Pages Posted: 3 Nov 2012

See all articles by Benton E. Gup

Benton E. Gup

University of Alabama - Culverhouse College of Commerce & Business Administration

John R. Walter

Federal Reserve Banks - Federal Reserve Bank of Richmond

Date Written: 1989

Abstract

Although the profitability of U.S. small banks shrank in the 1980s, two percent of these banks remained highly profitable by emphasizing basic banking, namely acquiring low-cost funds and making low-risk investments.

Suggested Citation

Gup, Benton E. and Walter, John R., Top Performing Small Banks: Making Money the Old-Fashioned Way (1989). FRB Richmond Economic Review, Vol. 75, No. 6, November/December 1989, pp. 23-35, Available at SSRN: https://ssrn.com/abstract=2125326

Benton E. Gup (Contact Author)

University of Alabama - Culverhouse College of Commerce & Business Administration ( email )

Culverhouse College of Business
Tuscaloosa, AL 35487-0223
United States

John R. Walter

Federal Reserve Banks - Federal Reserve Bank of Richmond ( email )

P.O. Box 27622
Richmond, VA 23261
United States

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