Earnings fall for Silverado Bank parent – Sacramento Business Journal:

In the second quarter, The Bank Holdingds (Nasdaq: TBHS) earned $25,000, down from earninges of $804,000 in the quarter ended June 30, 2007. Nevadqa Security Bank operates as in Silverado has local branches in Roseville andRancho Cordova. Totaol average assets for The Bank Holdingswere $637 million, down $15 milliobn from the year earlier period. The bank addex $1.14 million during the secone quarter to its allowance for loan It also chargedoff $1.1 millionn in bad loans during the second quarter.
“Oufr second quarter results positively reflect our credit and expensee control strategies and the fundamental earning power of the showing our ability to absorn significant increases in our loan loss reservr and still record income for the firstt six months ofthe year,” said Hal chief executive.
livejournal.com