Net Down at First of Ohio

Kline, Alan
October 2006
American Banker;10/30/2006, Vol. 171 Issue 208, p6
Trade Publication
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.


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