Town Center Bank Announces 2012 Results
04 Fevereiro 2013 - 8:34PM
OTC Markets
New Lenox, IL, February 4, 2013 – Town Center Bank (the “Bank”)
(TCNB), today announced its financial results for the year ended
December 31, 2012. There
was a net loss of $303,000 and $4.2 million for the years ended
2012 and 2011, respectively. The improvement in operating
results is due primarily to a $2.8 million decrease in the
provision for loan losses and a decrease of $1.2 million of other
real estate valuation provisions.
Town Center Bank (QX) (USOTC:TCNB)
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