The reduction in non-performing assets, other real estate owned and net charge-offs are all indications of this. But we did not get the reduction in classified assets we had anticipated during the quarter, it was not result of identifying new credit issues that slower progress than we had hoped for on previously identified credits.As I’ve said in the past, we are going to continue to take a conservative approach to the grading of our credits.
First Defiance Financial CEO Discusses Q2 2011 Results - Earnings Call Transcript
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