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Business Briefs

For Thursday, November 8, 2012

By Star-Advertiser staff

POSTED: 01:30 a.m. HST, Nov 08, 2012

~~<p><strong>Regulators give CPB some breathing room</strong></p>
<p>The parent of Central Pacific Bank said in a regulatory filing Tuesday that the Federal Deposit Insurance Corp. and state Division of Financial Institutions have lifted a May 2011 requirement that the state's fourth-largest bank maintain adequate capital levels, keep an adequate allowance for loans and lease losses, improve asset quality and reduce classified assets.</p>
~~

Regulators give CPB some breathing room

The parent of Central Pacific Bank said in a regulatory filing Tuesday that the Federal Deposit Insurance Corp. and state Division of Financial Institutions have lifted a May 2011 requirement that the state's fourth-largest bank maintain adequate capital levels, keep an adequate allowance for loans and lease losses, improve asset quality and reduce classified assets. Login for more...



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