Caution turns out to be money in the bank for some; conservative lending practices pay off for financial institutions.
San Diego Business Journal › January 17, 2011
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Caution turns out to be money in the bank for some; conservative lending practices pay off for financial institutions.
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Although most locally based banks were still dealing with the consequences of a miserable economy last year, the majority were also generating profits. In an analysis by the San Diego Business Journal's research staff, 15 of 24 banks based in San Diego reported net profits for the first three quarters of 2010 and a positive retur...See the full content of this document
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