Fox Chase Bancorp Inc., Hatboro, said a $3.5 million construction loan for a residential development near the Jersey Shore was in trouble, accounting for a large portion of the bank's $2 million boost to its provision for loan losses.
Philly.com Business, Philadelphia Inquirer & Daily News: Business
Tue, 01/20/2009 - 9:08am
Fox Chase Bancorp Inc., Hatboro, said a $3.5 million construction loan for a residential development near the Jersey Shore was in trouble, accounting for a large portion of the bank's $2 million boost to its provision for loan losses.