Credit QualityOur adjusted non-performing assets as a percentage of total assets decreased to 1.46% at June 30, 2012, from 1.63% at March 31, 2012. We recorded provision for loan and lease losses of $5.8 million during the second quarter of 2012, which is a decrease of $3.2 million, or 36%, when compared to the second quarter of 2011. Net charge-offs during the second quarter of 2012 declined to $6.6 million, from $9.5 million in the second quarter of 2011, a decline of 30%. On an annualized basis, net charge-offs were 0.34% of total average loans and leases held for investment outstanding for the second quarter of 2012, compared to 0.58% for the second quarter of 2011.
EverBank Financial Corp Announces Second Quarter 2012 Financial Results And Initiation Of Quarterly Dividend
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