nonaccruing

Penson revealed in a filing last month that it held about $42.6 million in illiquid bonds issued by a company that runs a Texas horse-racing track, making up about half the $96.9 million in nonaccruing receivables held by the trade-clearing firm.

Penson CEO: Muted Fallout From Collateral Disclosure Jacob Bunge 2011

Relying on former bank employees, the plaintiffs alleged that at one monthly credit meeting, a senior risk manager challenged the notion that the loans should be regarded as nonaccruing by arguing that borrowers weren't doing enough to keep up their interest payments.

Bank Probes Its Executives Dan Fitzpatrick 2011

Penson revealed in a filing last month that it held about $42.6 million in illiquid bonds issued by a company that runs a Texas horse-racing track, making up about half the $96.9 million in nonaccruing receivables held by the trade-clearing firm.

Penson CEO: Muted Fallout From Collateral Disclosure Jacob Bunge 2011

Relying on former bank employees, the plaintiffs alleged that at one monthly credit meeting, a senior risk manager challenged the notion that the loans should be regarded as nonaccruing by arguing that borrowers weren't doing enough to keep up their interest payments.

Bank Probes Its Executives Dan Fitzpatrick 2011

At the end of the first quarter, Penson held $97.4 million in nonaccruing receivables, which analysts said reflect nonliquid assets held as collateral against trades gone bad.

Director of Clearing Firm Penson Resigns Amid Collateral Disclosure Jacob Bunge 2011

A warning that interest reserves might have disguised loan problems can pop up when a bank shows a relatively low percentage of delinquent construction loans in one quarter followed by a big jump in nonaccruing loans the following quarter.

Small Banks Face a Looming Hit 2008

Only 6.4% of Meridian Bank's construction loans were delinquent in the fourth quarter of 2007, but its nonaccruing loans jumped to 30% in this year's first quarter.

Small Banks Face a Looming Hit 2008

Nonperforming assets consist of nonaccruing loans, accruing loans 90 days or more past due and foreclosed assets.

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Changes which are not solely due to rate changes or solely due to volume changes are attributed to volume. (b) The taxable equivalent adjustment results from tax exempt income less non-deductible TEFRA interest expense and was $32 in the first nine months 2011 and 2010, respectively. (c) Average nonaccruing loans have been excluded from total average loans and categorized in noninterest-earning assets.

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Given the current levels of nonaccruing loans, we would expect a higher than normal inflow into foreclosed assets over the near term as we resolve these loans, said Loughlin.

Wells Fargo Reports Record Quarterly and Full Year Net Income - Yahoo! Finance 2011