The Miami-based bank benefited from a $2.1 million cash recovery on a loan.
July 31, 2014 at 10:00 AM
1 minute read
Miami’s TotalBank reported a 35 percent decline in second-quarter earnings to $3 million from $4.6 million in the same quarter a year ago.
The bank realized a $2.1 million loan loss benefit in the quarter due to a cash recovery on a loan in the same amount.
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