Monday, January 05, 2009

Indiana Business Bancorp Q3 realize absorb income up; grid-work loss widens Loan.

The gathering has recorded a year-to-date disappointment of $625,831, compared to a help of $17,990 for the nine months ended September 30, 2007. The year-to-date disadvantage is a upshot of the repossession and successive $627,000 make a note down of two separate real standing properties - an owner occupied retail celerity and a multi-family shield project. Assets increased almost 17% during the sooner nine months of 2008 from $79.88 million at year end 2007 to $93.18 million at September 30, 2008.



At September 30, 2008, plain loans totaled $78.51 million, up from $67.5 million at December 31, 2007. Deposits totaled $73.96 million, up from $64.89 million at December 31, 2007.

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