Small banks reported strong brokerage results in August.
The Kehrer-LIMRA Index of Community Bank Brokerage Revenue climbed to 150 in August, up from 114 in August 2006, according to Kehrer-LIMRA, a division of LIMRA International, Windsor, Conn.
Kenneth Kehrer set the index at 100 in 2002.
The small bank survey covers banks and credit unions with less than $4 billion in assets.
Including trailer and advisory fees, gross revenue per advisor rose to an average of $24,363 in August, up from $17,415 in August 2006.
Excluding trailer and advisory fees, gross revenue rose to an average of $20,032 per producer, up from $14,877.