Thursday, February 2, 2012

Helm Bank USA grows loans $29M in Q4

Helm Bank USA ramped up the pace of its lending in the fourth quarter by growing its loan portfolio by $28.9 million.

That’s up from the $22 million in total loan growth that the Miami-based bank had in the third quarter. Helm Bank ended 2011 with $364.8 million in loans, an increase of $82.3 million, or 29 percent, from its loan total 12 months earlier.

Helm Bank earned $2.1 million in the fourth quarter, up from earnings of $1.7 million in the third quarter.

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1 comment:

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