Iowa-chartered banks provided $63.2 billion in loans to Iowa businesses this year through the end of the second quarter, up 5.06% from the same period in 2018, according to results released by the Federal Deposit Insurance Corp. In addition, net loan charge-offs were at 0.09%, compared with 0.07% a year earlier. At 0.75%, the noncurrent loan percentage of total loans is up from the year-ago level of 0.68%. "Iowa continues to benefit from our nation’s longest economic expansion, despite the persistent headwinds impacting our agricultural sector," said John Sorensen, president and CEO of the Iowa Bankers Association. "Iowa bankers remain attentive to interest rate, liquidity and credit risks emerging at this stage of the business cycle, positioning themselves as a stable and trusted source of credit and financial expertise for the communities and industries they serve." Total deposits at Iowa banks were $72.9 billion at the end of the second quarter this year, up 5.13% from the year prior, according to the data released this week.