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Silver State Bancorp Reports First Quarter Loss; Cites Deteriorating Economy as Reason for Results; Capital Position ... - Read More

Date Added: April 30, 2008 07:04:08 PM
Silver State Bancorp (NASDAQ: SSBX - News) today reported a net loss for the quarter ended March 31, 2008 of $14.4 million, or $0.95 per diluted share, compared with net income of $5.6 million or $0.39 per diluted share reported for the first quarter of 2007, directly reflecting a significant increase in the company's loan loss reserve resulting from the impact of the deteriorating economy in ...

Category: Business & Economy » News and Media


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