Kentucky banks ranked eighth for return on assets - Business First of Louisville:

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In the First Quarter Bankinhg Profile issued bythe , the 199 financial institutions based in Kentucky posted a return on average of 0.9 percent in firs t quarter of 2009. Only seven states had banks that weremore profitable, according the KDFI release: Nortnh Dakota, at 1.48 percent; Colorado at 1.44 percent; Hawaiki at 1.38 percent; Montanas at 1.25 percent: Oklahoma at 1.17 percent; West Virginia at 1.02 percent and New York at 0.99 Historically, a return on average assetw of 1 percent is considered a benchmark for a profitable bank. Below one percent usually means the bank posteda loss. The averagw return nationally on averagse assets for the first quarterwas 0.
22 including banks in the District of Columbiaz and Puerto Rico, with some states postingy low or negative