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Loan growth fuels CPB's streak of profitable quarters

By Dave Segal

POSTED: 02:15 a.m. HST, Apr 24, 2014

~~<p>When the real estate meltdown left Central Pacific Bank on the brink of collapse more than three years ago, it restructured its loan portfolio and raised $325 million in investor capital to stay afloat.</p>
<p>Now the state's fourth-largest bank with $4.8 billion in assets has more capital than it can use and its loans are growing at a double-digit-percentage clip, albeit from a smaller base.</p>
~~

When the real estate meltdown left Central Pacific Bank on the brink of collapse more than three years ago, it restructured its loan portfolio and raised $325 million in investor capital to stay afloat.

Now the state's fourth-largest bank with $4.8 billion in assets has more capital than it can use and its loans are growing at a double-digit-percentage clip, albeit from a smaller base. Login for more...



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