Community banks’ investment programs are not yet back to their pre-financial-crisis levels of success, but the numbers confirm that 2010 was a step in the right direction.

Those community banks with investment program activity—about 22% of small banks—reported average fee income of $300,928 in 2010, up 15.8% from the 2009 average, according to the Michael White-Securities America Report: Community Bank Investment Programs.

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