TITLE

Net Down at First of Ohio

AUTHOR(S)
Kline, Alan
PUB. DATE
October 2006
SOURCE
American Banker;10/30/2006, Vol. 171 Issue 208, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article looks at how First Financial Bancorp in Hamilton, Ohio, said that its 2006 third quarter earnings were down from the year-earlier period. The company blamed a decrease in net interest income and higher overhead. Net income fell due to First Financial's decisions to sell problem loans during the quarter, get out of the indirect lending business, and sell conforming mortgage loan production on the secondary market.
ACCESSION #
22893341

 

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