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Stock Market & Financial Investment News

News Breaks
October 30, 2012
17:07 EDTPBIBPorter Bancorp reports Q3 EPS ($2.29), consensus (15c)
Financial performance continues to be negatively impacted by the Bank’s high level of nonperforming loans and other real estate owned. Non-performing loans increased to $90.1 million, or 9.47% of total loans, at September 30, 2012, compared with $81.7M, or 7.85% of total loans, at June 30. Non-performing assets increased to $139M, or 10.8% of total assets, compared with $136.1M, or 10.2% of total assets, at June 30.
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