Quantcast

Tuesday, September 02, 2014         

 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

American Savings' earnings dip but loans grow

By Dave Segal

POSTED:



American Savings Bank’s net income slipped 0.8 percent in the July-September period amid a low interest rate environment but the state’s third-largest bank saw its loan portfolio grow for the eighth straight quarter.

The subsidiary of Hawaiian Electric Industries Inc. reported earnings today of $14.2 million compared with $15.5 million in the year-earlier quarter.

Loans, however, rose 2.5 percent to $3.76 billion from $3.67 billion on the strength of residential mortgage production that more than doubled from a year ago.






 Print   Email   Comment | View 0 Comments   Most Popular   Save   Post   Retweet

COMMENTS
(0)
You must be subscribed to participate in discussions


IN OTHER NEWS
Breaking News
Blogs
Political Radar
Teamsters

Wassup Wit Dat!
Really… Wassa Mattah You?

Kaleo O Kalihi
Osaka Aug 2014

Wassup Wit Dat!
Have A Good One

Island Crafters
Show Your Support

Political Radar
Rejection

Political Radar
`You are my strength’

Political Radar
Rally caps