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One-time gain lowers American Savings' net

Loans at the state's third-largest bank grow for the seventh consecutive quarter

By Dave Segal

POSTED: 01:30 a.m. HST, Jul 31, 2012

~~<p>American Savings Bank's net income fell 6.6 percent in the April-June period primarily due to a one-time insurance gain a year ago.</p>
<p>The state's third-largest bank said Monday it had earnings of $14.2 million compared with $15.2 million in the second quarter of 2011.</p>
~~

American Savings Bank's net income fell 6.6 percent in the April-June period primarily due to a one-time insurance gain a year ago.

The state's third-largest bank said Monday it had earnings of $14.2 million compared with $15.2 million in the second quarter of 2011. Login for more...



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