-
Click on individual bank names in the table below to access American Banker's coverage of each company's earnings report. Links to relevant coverage, filings, releases, and bank benchmark profile data can be found in the Related Links area of each article.
April 26
Enterprise Financial Services Corp. of St. Louis said Tuesday that it narrowed its first-quarter loss to $3 million, from $51.8 million a year earlier, as credit costs declined but problem loans increased.
The $2.36 billion-asset company said its loan-loss provision was $13.8 million, down 16% from a year earlier.
However, nonperforming loans totaled $55.8 million, a slight increase from a year earlier and a 45% increase from the fourth quarter.
Nonperforming loans accounted for 3.10% of total loans.
The increase was driven by delinquencies on a condominium project, a retail development in St. Louis and an office building in Kansas City.
Enterprise's results for the first quarter of 2009 were affected by a $45.4 million goodwill impairment charge.
