Georgia’s 213 state-based FDIC insured banks earned $810.1 million during the third quarter of 2014, more than three times as much as they did in the same quarter of 2013. Performance improved in most major categories, as reported by the FDIC.

“We’re in the home stretch for the year and it is really good to see that as business and family finances are better, Georgia’s banks are performing well,” said Joe Brannen, president and CEO of the Georgia Bankers Association. “Total loans, deposits and assets were all up for the quarter. And, even more customers are current on their loans, which signals that the overall economy has improved.”

For the quarter, 62 percent of the state’s banks posted increased earnings for the quarter, and 87 percent were profitable overall.

Year-to-date through the end of third quarter, Georgia’s banks earned $1.9 billion, which was also up from the $1.5 billion earned through three quarters of 2013. Year-to-date net income was up by 29 percent.

Here are some of the positive trends from the results, compared to the same period in 2013:

• Total assets were up by 6.9 percent
• Loans grew by 6.3 percent
• Deposits were up by 4.7 percent
• Noncurrent loans declined for the 18^th consecutive quarter
• Net charge offs were down by 42.6 percent.