Comment on Green Bancorp reports Q2 drop, trims to energy loan portfolio

Green Bancorp reports Q2 drop, trims to energy loan portfolio

Houston-based Green Bancorp reported a 12 percent drop in second-quarter net income, primarily due to the bank setting money aside to cover bad energy loans. The increase was caused by bad energy-related loans and real estate acquired through foreclosure that the bank received after acquiring Patriot Bancshares in October.

 

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