New ETF Book by Larry Connors - Click here to read more
The reported net loss for the first quarter of 2009 includes an after tax charge of $4.1 million or $0.26 per diluted share for restructuring charges associated with the closure of 40 branches during the first quarter of 2009.
In the first quarter of 2009, interest income decreased 30.3% to $40.8 million, compared to $58.5 million in the same period of 2008. Non-interest income increased to $625,000, compared to $471,000 in the first quarter of 2008.
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