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<br />.. <br /> <br />NCHI '1'uu Repom IanUD;8 -- 2 <br /> <br />Depo.it. at ~c. 31, 1988, totaled $20.5 b~11ioft. Thi. <br />include. tund. oenarated b~ . continuing bonu.-rate CD ~romction <br />that resulted in 11,7 billion in nearly 100,000 account. by <br />year-end. "Thi. .how. the continued confidence our cu.tomer. <br />have placed in the bank," .aid Franch 8. "Buddy" Itemp, chairman. <br />Total loan. at Dec. 31, 1988, were $11.6 billion. Kemp ..id <br />tbe bank ba. in.tituted an aggre..ive program to build it. loan <br />portfolio. "We bave about S3 billion in exce.. funding that we'd <br />like to put to work a. new loan. in Texa. durin; 1989," he .ai4, <br />"and we are optimhtic there will be improvec1 loan demaDCl in <br />Texa. a. the economy continue. to rebound." <br />~~ Dec. 31, the re.erve for loan 10s... wa. $141 million <br />(1.21 percent of loan. out.tanding). <br />The Special ~'.et Division reported total net a...t. of ".0 <br />billion at ~c. 31, 1988. NCNB Texa. i. managing the Special <br />A..et Divi.ion under contract. However, the co.t of fUD4in; an4 <br />admini.tering all ....t. in the Sp.cial A..et ~iVl'10ft aDd 10.. <br />expo.ure are being borne by the FDIC. <br />NeN! Texa. reported con.o1idated total a..et. of $25.3 <br />billion at y.ar.end 19.'. It 1. Texa, , 1arge.t bAftk with 121 <br />banking center. located in virtually every major market <br />throughout the .tat.. <br />NCHB Corp. i. a Charlotte.ba.ed holdin; company that manave. <br />more th.n ISO billion in ....t. and h.. full-s.rvic. banks in <br />seven Southern .tate.. <br /> <br />-30- <br /> <br />I4ito~'. ~I A condensed balanc. .beet <br />acccmpany~. newa releas.. <br /> <br />coDtaotl Martha Lareh <br />(214) 922-5022 (Office) <br />(214) 827-3Q90 (Home) <br /> <br />and othe~ financial data <br />