Bad Loans Make Charges More Likely at Small-Cap Banks

Reserves fall short of covering non-performing assets at 110 of 181 small-cap banks and institutions on the Russell 2500 Financial Services Index, according to first-quarter data compiled by Bloomberg. Non-performing assets are mostly loans 90 days or more overdue. Read Full Article

Posted by Eureka Expert on May 9 2009. Filed under Economy, Housing. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry