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NewBridge Bancorp Announces Net Income Increases 230% to $4.8 Million in the Fourth Quarter

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NewBridge Bancorp Announces Net Income Increases 230% to $4.8 Million in the Fourth Quarter Powered By Docstoc
					
				
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posted:1/29/2013
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Description: GREENSBORO, N.C.--(BUSINESS WIRE)--Earnings per diluted share total $0.19 for the quarter Total classified assets decrease $32 million for the quarter and $106 million year to date to $53 million Nonperforming assets decline $11.4 million to $26.7 million, or 1.56% of assets, for the quarter Other real estate owned declines $5.1 million, for the quarter or 49%, to $5.4 million Provision for credit losses totals $1.2 million for the quarter, or 72% below prior year Total risk based capital was 16 a styl
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