The Federal Deposit Insurance Corp.'s quarterly bank earnings report shows bank mortgage portfolios increased 1.4%, to $1.88 trillion, at the end of the fourth quarter of 2011.
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The growth in mortgages was slightly smaller than total bank loan growth of 1.8% to $7.46 trillion, according to American Banker.
However, real estate construction and development loans fell 5.8%, to $240 billion. That represents the 15th straight quarterly decline in that sector, according to American Banker.
The total loan portfolio growth for banks was their largest in four years.
