Nonaccrual loans and repossessed assets remained flat at $200.4 million or 3.1 percent of total assets at September 30, 2011, compared to the second quarter 2011 and decreased from $241 million or 3.9 percent of total assets at September 30, 2010. Loans past due 90 days and still accruing totaled $2.1 million at September 30, 2011, up from $1.1 million at June 30, 2011 and down from $5.7 million at September 30, 2010. Loans past due 30-89 days totaled $12.4 million at quarter end, up slightly from $11.6 million at June 30, 2011 and down from $20.4 million at September 30, 2010.Classified assets to Tier I capital plus allowance for credit losses, a common regulatory measure of asset quality, improved to 42 percent at September 30, 2011 from 57 percent at September 30, 2010. 1
Western Alliance Reports Third Quarter 2011 Earnings Of $13.0 Million
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