DECATUR, Ga. -- Prime Bank restated first-quarter performance as a loss because of a mandated change in accounting.

The federal savings bank said the Office of Thrift Supervision directed it to make the change with respect to mortgage-backed and investment securities.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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