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flat loan |
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| Klimas said the flattening yield curve put pressure on the net interest margin which, combined with flat loan growth, resulted in a decline in net interest income. We expect to have flat loan growth during the first half of 2005 as we refocus our credit culture in combination with our normal seasonality," said Mr. Kahn also noted that the current quarter will be impacted by flat loan volume as a result of the company's increased emphasis on credit quality. |
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