You’ve heard of Friday dressing. Check out Monday dressing at the Karnataka State Law University here, thanks to the vice-chancellor’s initiative.
TheCompany’s regulatory capital level remains in excess of “well-capitalized” asdefined by its regulators. At June 30, 2009 the Company’s regulatory Tier 1and total capital ratios were 13.39% and 14.65%, respectively.Nonperforming assets were $64.4 million at June 30, 2009 compared to $43.9million at March 31, 2009. Excluding the special depositinsurance assessment of $1.1 million or $.096 per common share referred tobelow, the Company’s net loss per common share was $.08 for the currentquarter and for the current six months earnings per common share was $.32. Net income for the six months ended June 30, 2009 was $2.5million or $.22 per common share compared to $9.3 million or $1.26 per commonshare for the same six months a year earlier.
Higher provision for loanlosses, increased deposit insurance expense, and lower net interest income arethe primary drivers of the lower earnings. FRANKFORT, Ky., July 21 /PRNewswire-FirstCall/ — Farmers Capital BankCorporation (Nasdaq:FFKT) (the “Company”) reported a net loss of $801thousand or $.17 per common share for the quarter ended June 30, 2009 comparedto net income of $3.3 million or $.39 per common share for the quarter endedMarch 31, 2009 and $4.9 million or $.67 per common share for the quarter endedJune 30, 2008. Henk630.852.5600Email ContactCopyright 2009, Market Wire, All rights reserved.-0-. Whether partnering to improve employee productivity,save money or minimize financial risks, Ceridian’s business is to helporganizations stay focused on their business. From human resources andbenefits to accredited employee assistance, work-life and health andproductivity services, Ceridian helps organizations maximize their human,financial and technology resources.
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