Massachusetts’ FDIC-insured banks saw total assets increase in the third quarter compared to last year, while year-to-date net income through Sept. 30 trailed 2018.

According to the FDIC’s Quarterly Banking Profile for Q3 2019, Massachusetts’ 115 FDIC-insured institutions reported total assets of $410.59 billion on Sept. 30, 2019, a 4.8 percent increase compared to the same day last year. Total assets have increased about 1.1 percent since June 30, 2019.

The industry saw a collective 3.18 percent yield on all earning assets in the third quarter, up from 2.82 percent in 2018. Total loans and leases as of Sept. 30 were $158.98 billion, up 6.2 percent year-over-year. The institutions together held $311.33 billion in deposits, 3.8 percent more compared to last year.

Year-to-date net income was $2.88 billion. That’s 13.8 percent lower compared to the first three quarters of 2018.

Mergers have left the state with fewer FDIC-insured institutions. The state had 115 institutions on Sept. 30, five fewer than last year. One new bank opened in Massachusetts this year: New Valley Bank and Trust in Springfield.

Massachusetts had fewer full-time-equivalent positions in these institutions. The state had 52,529 positions on Sept. 30, declines of 2.7 percent compared to the same date last year and 2.1 percent compared to June 30.