The allowance for loan losses was $35.1 million or 2.85% of total loans at June 30, 2012 compared to $50.1 million or 3.77% of total loans at June 30, 2011. The decrease was primarily due to the charge-off of $16.7 million of specific reserves in accordance with regulatory guidance during the quarter ended December 31, 2011.Nonperforming assets totaled $80.3 million, or 4.67% of total assets, at June 30, 2012, compared to $62.3 million, or 3.81% of total assets, at June 30, 2011. Nonperforming assets included $64.2 million in nonperforming loans and $16.1 million in foreclosed real estate at June 30, 2012, compared to $48.4 million and $13.9 million, respectively, at June 30, 2011. The increase in nonperforming loans included $25.7 million of loans reclassified from impaired loans still accruing interest to non-accruing loans pursuant to regulatory guidance during the quarter ended December 31, 2011. At June 30, 2012, $28.1 million or 43.8% of nonperforming loans were current on their loan payments.
HomeTrust Bancshares, Inc. Reports Fourth Quarter And Full Fiscal Year 2012 Financial Results
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