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Article: BNCCORP, Inc. Reports a Profit of $523 Thousand, or $0.06 Per Diluted Share for the Second Quarter of 2009.

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PR Newswire
Article date:
July 30, 2009
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Overview - Year to date net income is $1.139 million or $0.17 per diluted share - Net interest income in the second quarter is 12.6% higher than 2008 second quarter - Non-interest income rises 29.4% in the second quarter, driven by mortgage banking revenues and gains on sales of investments - Second quarter provisions for loans and real estate losses aggregate $3.955 million; $1.955 million higher than 2008 second quarter - Allowance for loans losses increases to 1.70% of loans - Total risk based capital increases to a very strong 16.13% as of quarter end, exceeding the 'well-capitalized' requirement

BISMARCK, N.D., July 30 /PRNewswire-FirstCall/ -- BNCCORP, Inc. ...

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