At June 30, 2013, City National's allowance for loan and lease losses totaled $289.9 million, or 1.83 percent of total loans and leases. That compares with $269.5 million, or 2.00 percent, at June 30, 2012 and $282.3 million, or 1.86 percent, at the end of the first quarter of 2013. The company also maintains an additional $25.1 million in reserves for off-balance-sheet credit commitments.Commercial Loans
City National Corporation Grows Second-Quarter 2013 Net Income To $59.7 Million, Up 9 Percent From Second-Quarter 2012; First-Half 2013 Net Income Totals $111.3 Million, Up 10 Percent
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