Noninterest income in the third quarter of 2012 totaled $1.7 million compared with $1.8 million a year ago. The decrease was primarily attributable to a $367,000 loss on the sale of OREOs, partially offset by an increase in gain on sale of loans in the third quarter of 2012.Noninterest expense for the third quarter of 2012 was $5.3 million compared with $5.6 million for the third quarter of 2011. The efficiency ratio for the third quarter of 2012 was 94.6 percent compared with 90.2 percent in the third quarter of 2011.
Saehan Bancorp Reports Third Quarter Results
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