Non-performing loans, defined as non-accruing loans and accruing loans delinquent 90 days or more, amounted to June 30, 2011 compared with $871.3 million at December 31, 2010.
Non-performing assets consist of both accruing and non-accruing impaired loans, loans 90 days past due and real estate owned. ; non-accrual loans for the years ended June 30, 2010
Interest reversals and forgone interest related to non-accruing loans also depressed the overall yield of the loan portfolio and, ultimately, the net interest margin.
However, non-accruing loans and leases were $298.3 million at the end of the quarter, a decline of $46.9 million or 13.6 percent from a year ago, and down 3 percent from the end of the third quarter. ❋ Unknown (2012)
Accruing restructured loans totaled $7.2 million and non-accruing restructured loans totaled $9.9 million.
This was off-set by a $0.4 million decrease in non-accruing leases and charge-offs of $0.8 million.
Net benefit of approximately $4.7 million, before tax, recorded on the sale of commercial and construction loans with a book value of $128 million; the majority were in non-accruing status at the transaction date
The increase in interest income for the quarter was due to higher relative collection of interest on non-accruing loans.
Non-performing loans include impaired loans, accruing and non-accruing loans, and loans past due 90 days or more Regulatory capital ratios are disclosed at the Bank level.
These loans were included in non-accruing loans at June 30, 2011.
The decrease was primarily attributable to a $7.6 million decrease in non-accruing loans and a $1.8 million decrease in troubled debt restructurings partially offset by a $6.8 million increase in real estate acquired in settlement of loans.
The decrease between June 30, 2010 and June 30, 2011 was the result of decreases in non-accruing loans of $2.6 million, in impaired loans not past due of $1.0 million and $61,000 in repossessed assets.
The bank had 21 impaired, accruing and non-accruing, credit relationships, totaling
The Company's highest risk and most closely monitored nonperforming assets are non-accruing loans excluding troubled debt restructures.
At the end of FY11, non-performing assets impaired loans, accruing and non-accruing, loans past due over 90 days and other real estate owned totaled $9.5 million, or 10.16% of total assets.
The increase was primarily attributable to a $3.2 million increase in non-accruing residential real estate loans and a $1.9 million increase in non-accruing commercial loans. ❋ Unknown (2011)
Just wanted to be sure, the numbers there are just the delinquencies that are still accruing that doesn't include anything that's been any other loans that were moved to non-accruing even though they were still performing?
The decrease was primarily attributable to a $5.3 million decrease in non-accruing loans and a $492,000 decrease in real estate acquired in settlement of loans partially offset by a $2.8 million increase in troubled debt restructurings.
Non-performing loans consist of both accruing and non-accruing impaired loans and loans 90 days past due.
Total non-accruing loans were reduced by $1.3 million on a linked quarter basis due primarily to the transfer to other real estate owned "REO" of $1.1 million in non-performing multi-family residential mortgage loans and a $878,000 reduction in non-accrual second mortgage loans due to net charge-offs. ❋ Unknown (2011)
