BankFinancial (BFIN) in Burr Ridge, Ill., has followed through on plans to cleanse its balance sheet of troubled assets.

The $1.5 billion-asset company announced Thursday it has sold nonperforming loans and foreclosed-upon real estate with a combined value of $22.7 million to unnamed buyers via two bulk sales.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.