The Company anticipates that its stockholders' equity to total assets ratio will be approximately 11.00% at March 31, 2011 as compared to 11.25% at December 31, 2010. The Bank expects to remain "well capitalized" at March 31, 2011 under all applicable regulatory capital measures."The Bank has endured a difficult quarter due to the restructuring of several loans, but we believe that our troubled debt restructuring approach to those loans will result in the best economic outcome for the Company and its shareholders," said William F. Ritzmann, President and Chief Executive Officer.
United Community Bancorp Expects Increased Loss Provision And Recognition Of Net Loss For Third Fiscal Quarter
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