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Stock Market & Financial Investment News

News Breaks
July 16, 2014
08:04 EDTIBCAIntervest Bancshares reports Q2 EPS 26c vs. 14c last year
News For IBCA From The Last 14 Days
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July 16, 2014
08:06 EDTIBCAIntervest Bancshares reports Q2 net interest income $10.9M vs. $8.6M last year
Reports Q2 credits for loan losses of $1M. The amounts in the 2014 periods reflected improved credit quality resulting from the payoff of four substandard loans totaling $6.9 million in Q2-14 and an upgrade of one loan ($1.6 million) in Q1-14, while the 2013 amounts were due to partial recoveries of prior loan charge offs. Reports Q2 noninterest income increased to $2.5M. Reports No provisions for real estate losses were required on properties owned through foreclosure in the 2014 periods, vs. $0.1M last year.
08:04 EDTIBCAIntervest Bancshares reports Q2 EPS 26c vs. 14c last year

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