Iowa banks reported net income of $264.4 million through the second quarter, with loans increasing 6.3 percent from the year-ago quarter to $60.1 billion, loan charge-offs dropping to 0.06 percent from 0.11 percent and noncurrent loans holding steady at 0.68 percent of all loans the Iowa Bankers Association said today after the Federal Deposit Insurance Corp. released its second-quarter report for all banks. “The broader economic expansion we’re experiencing is creating opportunities for consumers and business alike, driving loan growth and improving the overall health of Iowa banks and the communities they serve,” John Sorensen, president and CEO of the Iowa Bankers Association, said in a statement. Total deposits at Iowa banks were $69.3 billion, up 4.2 percent from the year prior. Total assets were $84.6 billion at the end of the quarter, return on assets improved to 1.3 percent, compared to 1.19 percent a year ago. Nationally, the FDIC reported that 70 percent of all banks reported year-over-year growth, with aggregate profits of $60.2 billion, a 25 percent increase from a year ago. The FDIC said the improvement in earnings was attributable to higher net interest income and a lower effective tax rate.