As this bank lowered the amount of troubled loans it had on its books, Bank of Miami cut down its losses in the fourth quarter. As noted by its Federal Financial Institutions Examination Council filings, the Coral Gables-based bank has unfortunately lost $3.4 million during its fourth quarter. This was certainly better in comparison to the $29.4 million they lost during the previous quarter.
Because of ... 
As they noticed declining values of its problem loans, Grand Bank & Trust of Florida experiences three times the losses during their fourth quarter compared to the quarter before that. As noted in its filing with the Federal Financial Institutions Examination Council, The West Palm Beach-based bank saw, in their last quarter, a net loss of $1.5 million. Although this was high, it was down from a... 