BAD LOANS: The government said Tuesday that...
BAD LOANS: The government said Tuesday that California banks have encountered a big increase in troubled loans (D1), but Orange County bankers actually had slightly better news the last time statistics were released locally. . . . At the end of last year, just three county banks--Commercial Center, Mission Viejo National and Mission Valley--had more than 4% of their loans listed as long overdue or unpaid. The bad-loan ratio for the local banking industry fell slightly to 1.81% last year.
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