A Texas banker says he was misquoted in the July 29 article "Dust-Bowl Bankers' Worry Is What Comes Next" (page 8). John Zacek, senior vice president of First Victoria National Bank, says it has increased its general reserve to cover the possibility of livestock loans' going bad but has no livestock-related credits on its classified loan list.
Access to authoritative analysis and perspective and our data-driven report series.
No credit card required. Complete access to articles, breaking news and industry data.
Have an account? Sign In