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
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: 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
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