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Buoyed by the success of the 15-minute grace time during the II PU exams, the state government decided to introduce the same for SSLC students in the 2010 exams which commence on April 1.
"Unemployment relates directly to increased consumer debtdelinquencies in credit cards, mortgages, home equity and other consumer loans,"says Bruce Webber, chief credit officer. This is comparable to net income of $1,154,000 reported for the sameperiod last year. Earnings per diluted common share totaled $0.22 for thequarter. Siuslaw Bank, the Group`s primary subsidiary, reported earnings of $954,000, ascompared to $1,223,100 for the same quarter in 2008. Year-to-date after taxearnings for Siuslaw Bank totaled $2,046,100, down $382,000, compared to$2,428,500 reported on June 30, 2008.
Units of the Toronto, Ontario-based fund closed flat at 20Canadian cents Tuesday on the Toronto Stock Exchange.(Reporting by Ashutosh Joshi in Bangalore; Editing by PradeepKurup). FLORENCE, Ore.--(Business Wire)--Siuslaw Financial Group (OTCBB:SFGP) today announced operating results for thesecond quarter, ending June 30, 2009, including after tax net income of$903,000. The lenders have also agreed that no default interest wouldaccrue or be payable during the forbearance period and haveagreed to waive certain prepayment fees, the fund added. The fund said that the total principal outstanding underthe senior credit agreement is about C$242 million, which isowed by its unit Newport Finance Corp to the lenders.
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