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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, and releases can be found in the Related Links area of each article.
January 28
PrivateBancorp Inc. in Chicago reported its second straight profitable quarter as credit quality continued to show signs of stabilizing and it added commercial and industrial loans.
The $12.5 billion-asset company said Tuesday that it had earned $8.5 million in the fourth quarter, compared with an $18.6 million loss a year earlier.
The loan-loss provision was $35.1 million, or half what it was in the fourth quarter of 2009. Nonperforming assets were relatively stable for a third straight quarter, at $454.6 million.
A $9.3 million securities gain helped boost noninterest income to $34.9 million. The growth was also due to expansion in Treasury management, capital markets and wealth management — all part of a growth strategy adopted in late 2007.
