Tag Archives: Bancorp

TEXT-S&P raises US Bancorp ratings

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TEXT-S&P raises US Bancorp ratings
In contrast, average loans for all FDIC banks declined 1.0% in 2011 and declined 1.3% in 2010. We believe USB has grown its loan book while maintaining its conservative underwriting standards. Notably, commercial loans are evenly distributed across a …
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Deadline for SBA Physical Disaster Loans in Georgia is September 17
20, 2012 /PRNewswire-USNewswire/ — The U.S. Small Business Administration reminds homeowners, renters, businesses and non-profit organizations in Georgia of the Sept. 17 deadline to submit disaster loan applications for hurts caused by severe …
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Bridge Bancorp, Inc. Reports Second Quarter 2012 Results

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Bridge Bancorp, Inc. Reports Second Quarter 2012 Results
Loan growth of $ 89 million or 15%, compared to June 2011. — Deposits of $ 1.23 billion, a 15% increase compared to the second quarter of 2011. — Continued solid asset quality metrics and increased reserve coverage. — Tier 1 Capital increased by $ 36 …
Read more on MarketWatch (press release)

City Approves Loan to Hotel Developers
(MCT) — It took more than 90 minutes of discussion and questions, but in the end the Worthington City Council unanimously approved the $ 400000 bridge loan to the Lexington Hotel Development (LHD), contingent on the stipulation that all of the personal …
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Kimber Announces Million Bridge Loan Credit Facility
VANCOUVER, BRITISH COLUMBIA, Jul 18, 2012 (MARKETWIRE via COMTEX) — Kimber Resources Inc. ("Kimber") (TOR:CA:KBR) (nyse mkt:KBX)(nyse amex:KBX) is pleased to announce that it has entered into a bridge loan credit facility (the "Facility") with …
Read more on MarketWatch (press release)