SAN FRANCISCO - Unionbancal said Thursday that nonperforming assets increased by 55% from the previous quarter, to $229 million, and by 136% against the year-earlier period.

That news surprised to analysts, who had been told in a profit warning in June that nonperforming assets would be $200 million. Though profits at the company rose 23% for the quarter, to $141.4 million, executives were clearly embarrassed about the 15% discrepancy in nonperforming assets.

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