The holding company of UMB Bank said its second-quarter earnings were slightly higher than a year ago, but down for the first half of 2013.
UMB Financial said it earned $29.9 million in the second quarter of 2013, compared with $29.2 million in the same quarter last year.
For the first six months of 2013, the Kansas City, Mo.-based company said earnings were $64.9 million, down 14 percent from earnings of $75.5 million in the first half of 2012.
UMB Financial recorded declines in noninterest income for the first half of the year, according to its news release announcing the results.
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Mariner Kemper, UMB Financial’s CEO, said in the release that loan balances at the company increased 19.5 percent in the quarter, marking 13 consecutive quarters of loan growth for the $15.2 billion holding company.