| Takes Elevated Provisions for Specific Reserves on Two Restructured Loans Net Interest Margin Remains Strong and Fee Income Increases FOLSOM, Calif., April 23, 2012 (GLOBE NEWSWIRE) -- Sierra Vista Bank (OTCBB:SVBA) today reported that following a $810,000 provision for loan losses that included $600,000 in specific reserves for two restructured loans to one borrower, it lost $697,000, or $0.35 per share, in the first quarter of 2012. This compares to a loss of $21,000, or $0.01 per share, fo...continued SVBA |
Monday, April 23, 2012
UPDATE: Sierra Vista Bank Reports 1Q12 Results
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