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Stock Market & Financial Investment News

News Breaks
October 31, 2011
16:03 EDTFCVAFirst Capital Bancorp reports Q3 EPS (93c) vs. consensus (10c)
The third quarter loss was due primarily to the recognition of losses on several nonaccrual loans and properties included in other real estate owned. In that regard, the Company disposed of other real estate owned and charged off loans totaling $6.1 million during the quarter and have additional properties of $1.5 million under contract for sale subsequent to quarter end.
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