Category: Cash Call

01 Jun 2020

Posted by moeshen In Cash Call 0 comment

The reduction in working, non-interest expense had been mainly as a result of the recognition of around $16.4 million loss on financial obligation extinguishment when you look at the 3rd quarter, caused by the payment of around $140 million in Federal mortgage loan Bank improvements while the termination of relevant cashflow hedges.

The reduction in working, non-interest expense had been mainly as a result of the recognition of around $16.4 million loss on financial obligation extinguishment when you look at the 3rd quarter, caused by the payment of around $140 million in Federal mortgage loan Bank improvements while the termination of relevant cashflow hedges. Salaries and benefits […]