Company Q1 Net Charge-offs Rise to 0.37%
Reports Q1 net Charge-offs for the trailing twelve months 0.37% for Q1, from 0.30% from the prior quarter; and Tangible Book Value per Share $40.055, up 7% from last year. Chairman, President and CEO, Rajinder Singh commented, "Despite a seasonally slow quarter, we continue to gather market share and position the Company for improved profitability and growth."
