Carolina Bank Holdings, Inc. Reports Improved Asset Quality and Strong Growth
GREENSBORO, N.C., Oct. 24, 2008 (GLOBE NEWSWIRE) -- Carolina Bank Holdings, Inc. (Nasdaq:CLBH) announced non-performing assets of $3.4 million, or 0.57% of assets, at September 30, 2008, a significant drop from $4.6 million, or 0.99% of assets, at September 30, 2007. Non-performing assets were 0.37% of assets at June 30, 2008. Annualized net loan charge-offs to average loans held for investment was 0.07% for the first nine months of 2008 compared to 0.15% for all of 2007. Robert T. Braswell, Pre...
10/24/2008 1:00:00 PM
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