The $6.1
billion-asset company said in a press release that the branches are located in
eastern Colorado and western Kansas. Triumph said $159.2 million of loans and
$367.3 million of deposits were also designated as held-for-sale on its balance
sheet.
About
$80.8 million of non-transportation factored receivables, along with $10.4
million of related customer reserves, were given held-for-sale status.
Triumph said the moves had no impact on its earnings beyond the reversal of the
loan-loss allowance tied to the receivables and loans.
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