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Los Alamos National Bank Restates Earnings; Profits Drop $1.7M

March 9, 2010, 12:00 am
By Corey Pein
The parent company of Los Alamos National Bank, Trinity Capital Corp., just put out a press release restating its fourth-quarter and annual 2009 earnings. The upshot for shareholders is that the bank's net income declined by $1.7 million to approximately $3.2 million, comparing its previously stated financials to the amended ones.

Last month, SFR interviewed LANB Chairman and CEO Bill Enloe about the bank's health and its dealings with regulators.

 

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