Bank United Corp. Reports Increased Earnings for First Fiscal Quarter 1997.HOUSTON--(BUSINESS WIRE)--Jan. 23, 1997--Bank United Corp. (the "Company") (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BNKU), parent of Bank United (NYSE NYSE See: New York Stock Exchange : BKU BKU Bharatiya Kisan Union BKU Burger King University BKU Bayerische Karate Union (German) BKU Backup Unit PrA and BKU PrB), today reported net income of $17.3 million ($0.55 per share) for the quarter ended Dec. 31, 1996, compared to $14.1 million ($0.46 per share) for the prior year's quarter. The increase is principally the result of higher net interest income attributable attributable emanating from or pertaining to attribute. attributable proportion see attributable risk (below). attributable risk to higher rates on adjustable rate mortgages This article is about the US mortgage type. For an international perspective, see Variable rate mortgage. An adjustable rate mortgage (ARM) is a mortgage loan where the interest rate on the note is periodically adjusted based on an index. and lower funding costs. Net yield on interest-earning assets grew from 2.10 percent in the year-ago period to 2.63 percent (2.04 percent to 2.48 percent excluding the effects of certain loan discounts recognized) in the current quarter. Also contributing to the increased net income were higher fee revenues from a larger average mortgage servicing Mortgage servicing The collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default , involved with a mortgage loan. portfolio. These increases were partially offset by higher reserves due to changes in the composition of the loan portfolio and higher levels of non-interest expenses, primarily caused by higher mortgage servicing levels and legal expenses related to the supervisory su·per·vi·sor n. 1. One who supervises. 2. One who is in charge of a particular department or unit, as in a governmental agency or school system. 3. One who is an elected administrative officer in certain U.S. goodwill and forbearance Refraining from doing something that one has a legal right to do. Giving of further time for repayment of an obligation or agreement; not to enforce claim at its due date. A delay in enforcing a legal right. litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. . Operating earnings Operating Earnings Profits after subtracting expenses such as marketing, cost of goods sold, administration and general operating costs from revenue. Notes: Tax and interest expenses are not subtracted - operating earnings are synonymous with EBIT (earnings before for the quarter ended Dec. 31, 1996 were $33.9 million compared to $28.8 million for same period last year. Operating earnings reflect net income before taxes and minority interests and exclude net gains (losses) on securities and other loan sales. The Company's assets were $11.1 billion at Dec. 31, 1996 compared to $11.6 billion at Dec. 31, 1995. Bank United Chairman and President Barry Barry, Welsh Barri, town (1991 pop. 45,053) and port, Vale of Glamorgan, S Wales, on the Bristol Channel. Once a major coal-exporting port, its more diversified export products include cement, flour, and steel products. C. Burkholder said, "Consistent with the Bank's strategic focus, during this 12 month period, we reduced our single-family sin·gle-fam·i·ly adj. Relating to or being a dwelling designed for one family only: a single-family home; single-family occupancy. mortgage and mortgage backed securities portfolios by $1.288 billion through sales and principal repayments while adding $678 million in commercial and consumer loans." The Company also reported net income of $23.7 million for the quarter for its subsidiary Bank United compared to $21.5 million for the same quarter of the previous year. On Jan. 17, 1997, Bank United announced the sale of a substantial portion of its 21 state mortgage origination Origination The process through which a mortgage lender creates a mortgage secured by some amount of the mortgagor's real property. Notes: Also known as loan origination, everyone must go through the origination process when securing a mortgage for a piece of real network to National City Mortgage of Miamisburg, Ohio Miamisburg is a city in Montgomery County, Ohio, United States. The population was 19,489 at the 2000 census. Miamisburg is known for its large industry (mainly for its nuclear operations during World War II), retail factors (such as the Dayton Mall) but is mainly known for being , a subsidiary of National City Co. of Cleveland, Ohio "Cleveland" redirects here. For the Cleveland metropolitan area, see . For other uses, see Cleveland (disambiguation). Cleveland is a city in the U.S. state of Ohio and the county seat of Cuyahoga County, the most populous county in the state. . Burkholder said, "This sale will allow the bank to more clearly focus our attention and invest our energy in our core strategy of continuing to build a substantial community and commercial banking franchise." Bank United Corp. is headquartered in Houston, Texas “Houston” redirects here. For other uses, see Houston (disambiguation). Houston (pronounced /'hjuːstən/) is the largest city in the state of Texas and the and operates a 70-branch community banking network in Texas, including 37 in the greater Houston Houston–Sugar Land–Baytown is a 10-county metropolitan area defined by the Office of Management and Budget. It is located along the Gulf Coast region in the U.S. state of Texas. area, 29 in the Dallas/Fort Worth Metroplex The Dallas–Fort Worth–Arlington metropolitan area, a title designated by the U.S. Census as of 2003, encompasses 12 counties within the U.S. state of Texas. The metropolitan area is further divided into two metropolitan divisions: Dallas–Plano–Irving , and two each in Austin Austin. 1 City (1990 pop. 21,907), seat of Mower co., SE Minn., on the Cedar River, near the Iowa line; inc. 1868. The commercial and industrial center of a rich farm region, it is noted as home to the Hormel meatpacking company, whose Spam Town museum and San Antonio San Antonio (săn ăntō`nēō, əntōn`), city (1990 pop. 935,933), seat of Bexar co., S central Tex., at the source of the San Antonio River; inc. 1837. ; as well as a branch and credit card processing center in Phoenix, Ariz.; a commercial banking group with nine regional offices; and a financial markets business. -0-
BANK UNITED CORP.
SUPPLEMENTAL FINANCIAL INFORMATION
(dollars in thousands, except per share data)
(unaudited)
At or for the
Three Months Ended
December 31,
------------------- Percent
1996 1995 Change
---- ---- -------
Summary Income Statement
------------------------
Interest income $ 199,103 $ 217,785 -9%
Interest expense 133,318 160,741 -17%
----------- ----------- -----
Net interest income 65,785 57,044 15%
Provision for credit losses 6,914 2,669 159%
Loan servicing fees and charges 12,684 10,461 21%
Gains from sales of single
family servicing rights and
single family warehouse loans 10,489 10,063 4%
Other 6,493 6,398 1%
----------- ----------- -----
Non-interest income 29,666 26,922 10%
Non-interest expenses 53,078 49,292 8%
----------- ----------- -----
Income before income taxes and
minority interest 35,459 32,005 11%
Income tax expense 13,633 13,134 4%
----------- ----------- -----
Income before minority interest 21,826 18,871 16%
Less minority interest:
Subsidiary preferred stock
dividends 4,563 4,563 --
Payments in lieu of dividends -- 224 -100%
----------- ----------- -----
Net income $ 17,263 $ 14,084 23%
=========== =========== =====
Net income applicable to common
shares $ 17,263 $ 13,144 31%
Average common shares
outstanding 31,595,596 28,863,000 9%
Earnings per common share $ 0.55 $ 0.46 20%
Operating earnings (a) $ 33,878 $ 28,780 18%
----------------------------------------------------------------
Other Selected Data
-------------------
Total assets -- Period end $11,059,646 $11,593,362 -5%
-- Average 10,773,922 11,716,380 -8%
Average interest-earning assets $10,230,518 $11,323,472 -10%
Total Deposits $ 4,999,286 $ 5,036,752 -1%
Stockholders' equity -- Period
end $ 545,148 $ 513,515 6%
-- Average $ 539,406 $ 504,894 7%
ROA (return, before minority
interest, on average assets) 0.80% 0.64% 25%
ROCE (return on average common
equity) 12.67% 11.08% 14%
Average equity to average
assets 5.01% 4.31% 16%
Dividends paid per share
Common stock $ 0.14 $ -- 100%
Note (a) Operating earnings represents net income before taxes
and minority interest and excludes net gains (losses) on
securities, mortgage-back securities and other loans.
BANK UNITED CORP.
SUPPLEMENTAL BALANCE SHEET
(in thousands)
December 31, September 30, December 31,
1996 (a) 1996 1995 (a)
------------ ------------- ------------
Assets
------
Cash and cash equivalents $ 132,816 $ 119,523 $ 210,861
Securities purchased under
agreements to resell and
federal funds sold 582,236 674,249 558,686
Trading account assets, at
fair value 1,174 1,149 1,102
Securities, net 64,277 64,544 51,633
Mortgage-backed securities,
net 1,592,184 1,657,908 2,237,959
Loans, net:
Single family 6,450,418 6,369,974 7,092,879
Commercial 1,265,995 955,213 699,819
Consumer 240,597 194,301 128,885
Federal Home Loan Bank stock 198,241 179,643 229,626
Premises and equipment 38,934 40,209 36,610
Mortgage servicing rights 152,139 123,392 83,571
Intangible assets 15,607 16,922 24,812
Real estate owned 33,169 29,744 24,218
Deferred tax asset 153,211 168,323 67,952
Other assets 138,648 117,283 144,749
------------ ------------- ------------
Total assets $ 11,059,646 $ 10,712,377 $ 11,593,362
============ ============= ============
Liabilities, Minority Interest and Stockholders' Equity
-------------------------------------------------------
Liabilities:
Deposits $ 4,999,286 $ 5,147,945 $ 5,036,752
Federal Home Loan Bank
advances 3,860,461 3,490,386 4,347,977
Securities sold under
agreements to repurchase
and federal funds
purchased 1,038,086 832,286 938,000
Senior Notes 115,000 115,000 115,000
Advances from borrowers
for taxes and insurance 99,048 146,634 135,653
Other liabilities 217,117 263,583 320,965
------------ ------------- ------------
Total liabilities 10,328,998 9,995,834 10,894,347
Minority interest:
Preferred stock issued by
consolidated subsidiary 185,500 185,500 185,500
Stockholders' equity:
Common stock 316 316 289
Paid-in capital 129,286 129,286 117,722
Retained earnings 416,514 403,674 398,823
Unrealized gains (losses)
on securities and
mortgage-backed securities
available for sale,
net of tax (968) (2,233) (3,319)
------------ ------------- ------------
Total stockholders'
equity 545,148 531,043 513,515
------------ ------------- ------------
Total liabilities,
minority interest and
stockholders' equity $ 11,059,646 $ 10,712,377 $ 11,593,362
============ ============= ============
(a) Unaudited.
BANK UNITED CORP.
INCOME STATEMENT TREND
(dollars in thousands, except per share data)
(unaudited)
For the Three Months Ended
12/31/96 12/31/95
-------- --------
Interest Income
Short-term interest-earning assets $ 9,343 $ 7,181
Trading account assets 17 16
Securities 963 1,443
Mortgage-backed securities 26,816 38,178
Loans 159,264 167,293
Federal Home Loan Bank stock 2,700 3,674
-------- --------
Total interest income 199,103 217,785
Interest Expense
Deposits 66,724 71,826
Federal Home Loan Bank advances 51,924 70,785
Securities sold under agreements to
repurchase and federal funds purchased 12,359 15,526
Senior Notes 2,311 2,604
-------- --------
Total interest expense 133,318 160,741
-------- --------
Net interest income 65,785 57,044
Provision for credit losses 6,914 2,669
-------- --------
Net interest income after
provision for credit losses 58,871 54,375
Non-Interest Income
Net gains (losses)
Sales of single family servicing
rights and single family warehouse
loans 10,489 10,063
Securities and mortgage-backed
securities 641 (36)
Other loans 940 3,261
Loan servicing fees and charges 12,684 10,461
Other fees and charges 4,912 3,173
-------- --------
Total non-interest income 29,666 26,922
Non-Interest Expense
Compensation and benefits 19,975 20,411
Occupancy 4,255 4,626
Data processing 3,801 3,970
Advertising and marketing 2,255 1,471
Amortization of intangibles 5,824 4,760
SAIF deposit insurance premiums 2,957 3,044
Restructuring charges -- --
Furniture and equipment 1,219 1,580
Other 12,792 9,430
-------- --------
Total non-interest expense 53,078 49,292
-------- --------
Income before income taxes and
minority interest 35,459 32,005
Income tax (benefit) expense 13,633 13,134
-------- --------
Net income before minority interest 21,826 18,871
-------- --------
Less minority interest:
Subsidiary preferred stock dividends 4,563 4,563
Payments in lieu of dividends -- 224
-------- --------
Net income $ 17,263 $ 14,084
======== ========
Earnings per common share $ 0.55 $ 0.46
======== ========
BANK UNITED CORP.
INCOME STATEMENT TREND
(dollars in thousands, except per share data)
(unaudited)
For the Quarter Ended
12/31/96 9/30/96 6/30/96 3/31/96 12/31/95
-------- -------- -------- -------- --------
Interest Income
Short-term
interest-earning
assets $ 9,343 $ 11,726 $ 10,216 $ 10,179 $ 7,181
Trading account
assets 17 16 16 19 16
Securities 963 974 831 669 1,443
Mortgage-backed
securities 26,816 27,230 30,214 32,521 38,178
Loans 159,264 149,094 154,916 156,637 167,293
Federal Home Loan
Bank stock 2,700 2,853 3,005 3,411 3,674
-------- -------- -------- -------- --------
Total interest
income 199,103 191,893 199,198 203,436 217,785
Interest Expense
Deposits 66,724 68,082 65,628 66,684 71,826
Federal Home Loan
Bank advances 51,924 53,367 57,225 65,716 70,785
Securities sold under
agreements to
repurchase and
federal funds
purchased 12,359 12,755 13,284 13,547 15,526
Senior Notes 2,311 2,548 2,600 2,601 2,604
-------- -------- -------- -------- --------
Total interest
expense 133,318 136,752 138,737 148,548 160,741
-------- -------- -------- -------- --------
Net interest
income 65,785 55,141 60,461 54,888 57,044
Provision for
credit losses 6,914 6,314 4,305 3,181 2,669
-------- -------- -------- -------- --------
Net interest
income after
provision for
credit losses 58,871 48,827 56,156 51,707 54,375
Non-Interest
Income
Net gains (losses)
Sales of single
family servicing
rights and single
family warehouse
loans 10,489 13,493 10,424 9,094 10,063
Securities and
mortgage-backed
securities 641 181 958 2,899 (36)
Other loans 940 1,162 (1,458) 224 3,261
Loan servicing fees
and charges 12,684 12,491 9,632 11,646 10,461
Other fees and
charges 4,912 4,627 3,917 3,824 3,173
-------- -------- -------- -------- --------
Total non-interest
income 29,666 31,954 23,473 27,687 26,922
Non-Interest
Expense
Compensation and
benefits 19,975 20,733 27,009 19,487 20,411
Occupancy 4,255 4,511 4,465 4,813 4,626
Data processing 3,801 3,877 4,199 4,150 3,970
Advertising and
marketing 2,255 2,069 1,903 2,582 1,471
Amortization of
intangibles 5,824 5,430 5,201 5,041 4,760
SAIF deposit
insurance
premiums 2,957 36,588 2,973 3,085 3,044
Restructuring
charges -- -- 10,681 -- --
Furniture and
equipment 1,219 1,465 1,528 1,548 1,580
Other 12,792 10,599 10,730 9,306 9,430
-------- -------- -------- -------- --------
Total non-interest
expense 53,078 85,272 68,689 50,012 49,292
-------- -------- -------- -------- --------
Income before
income taxes and
minority interest 35,459 (4,491) 10,940 29,382 32,005
Income tax
(benefit) expense 13,633 (2,121) (98,922) 12,144 13,134
-------- -------- -------- -------- --------
Net income
before minority
interest 21,826 (2,370) 109,862 17,238 18,871
-------- -------- -------- -------- --------
Less minority interest:
Subsidiary preferred
stock dividends 4,563 4,564 4,563 4,563 4,563
Payments in lieu of
dividends -- -- 6,189 -- 224
-------- -------- -------- -------- --------
Net income $ 17,263 $ (6,934) $ 99,110 $ 12,675 $ 14,084
======== ======== ======== ======== ========
Earnings per common
share $ 0.55 $ (0.23) $ 3.26 $ 0.41 $ 0.46
======== ======== ======== ======== ========
BANK UNITED CORP.
FINANCIAL HIGHLIGHTS TREND
(dollars in thousands, except per share data)
(unaudited)
For the Three Months Ended
12/31/96 12/31/95
For the period ended
--------------------
Net interest income $ 65,785 $ 57,044
Provision for credit
losses 6,914 2,669
Non-interest income 29,666 26,922
Non-interest expense 53,078 49,292
Net income 17,263 14,084
Net income applicable
to common shares 17,263 13,111
Operating earnings (1) 33,878 28,780
Loan fundings:
Single family 649,752 927,699
Commercial 317,694 185,686
Consumer 35,715 29,237
----------- -----------
Total fundings 1,003,161 1,142,622
----------- -----------
Common share data
-----------------
Earnings per share 0.55 0.46
Dividends paid per
common share 0.14 --
Book value
(period end) 17.25 17.79
Tangible book value
(period end) 16.76 16.93
At period end
-------------
Assets 11,059,646 11,593,362
Securities 64,277 51,633
Mortgage-backed
securities 1,592,184 2,237,959
Loans 7,957,010 7,921,583
Allowance for
credit losses 43,532 37,329
Deposits 4,999,286 5,036,752
Borrowed funds 5,013,547 5,400,977
Minority interest 185,500 185,500
Stockholders' equity 545,148 513,515
Servicing portfolio 13,237,225 12,133,603
Average balances
----------------
Assets 10,773,922 11,716,380
Stockholders' equity 539,406 504,894
Interest-earning
assets 10,230,518 11,323,472
Interest-bearing
liabilities 9,696,561 10,658,704
Average common
shares outstanding 31,595,596 28,863,000
Ratios
------
ROA (return, before
minority interest,
on average assets) 0.80% 0.64%
ROCE (return on
average common equity) 12.67 11.08
Net interest spread 2.35 1.75
Net yield on interest-
earning assets 2.63 2.10
Efficiency ratio 55.48 59.24
Equity to assets
(period end) 4.93 4.43
Tangible capital
ratio (Bank only) 6.63 6.53
Core capital
ratio (Bank only) 6.69 6.61
Risk-based capital
ratio (Bank only) 12.74 13.97
Asset quality (period end)
--------------------------
Nonperforming
loans ("NPLs") $ 89,974 $ 93,167
Nonperforming
assets ("NPAs") 123,883 118,411
NPLs as a % of
total loans 1.12% 1.17%
NPAs as a % of
total assets 1.12% 1.02%
For the Quarter Ended
---------------------------------------------
12/31/96 9/30/96 6/30/96 3/31/96 12/31/95
-------- ------- ------- ------- --------
For the period ended
--------------------
Net interest
income $ 65,785 $ 55,141 $ 60,461 $ 54,888 $ 57,044
Provision for
credit losses 6,914 6,314 4,305 3,181 2,669
Non-interest
income 29,666 31,954 23,473 27,687 26,922
Non-interest
expense 53,078 85,272 68,689 50,012 49,292
Net income 17,263 (6,934) 99,110 12,675 14,084
Net income
applicable to
common shares 17,263 (6,934) 94,143 11,824 13,144
Operating
earnings (1) 33,878 27,823 31,797 26,259 28,780
Loan fundings:
Single family 649,752 755,495 901,080 1,017,735 927,699
Commercial 317,694 253,724 262,111 153,558 185,686
Consumer 35,715 40,729 51,612 40,245 29,237
---------- ---------- ---------- ---------- ----------
Total fundings 1,003,161 1,049,948 1,214,803 1,211,538 1,142,622
---------- ---------- ---------- ---------- ----------
Common share data
-----------------
Earnings per share 0.55 (0.23) 3.26 0.41 0.46
Dividends paid per
common share 0.14 -- 3.46 -- --
Book value
(period end) 17.25 16.81 18.14 18.24 17.79
Tangible book value
(period end) 16.76 16.27 17.53 17.44 16.93
At period end
-------------
Assets 11,059,646 10,712,377 11,023,270 11,266,636 11,593,362
Securities 64,277 64,544 66,809 58,351 51,633
Mortgage-backed
securities 1,592,184 1,657,908 1,732,771 1,954,070 2,237,959
Loans 7,957,010 7,519,488 7,597,406 7,878,080 7,921,583
Allowance for
credit losses 43,532 39,660 37,056 36,489 37,329
Deposits 4,999,286 5,147,945 5,053,605 4,963,321 5,036,752
Borrowed funds 5,013,547 4,437,672 4,884,264 5,203,959 5,400,977
Minority interest 185,500 185,500 185,500 185,500 185,500
Stockholders'
equity 545,148 531,043 529,432 526,441 513,515
Servicing
portfolio 13,237,225 13,246,848 12,037,262 11,594,485 12,133,603
Average balances
----------------
Assets 10,773,922 10,830,663 11,009,972 11,360,736 11,716,380
Stockholders'
equity 539,518 536,692 505,236 521,651 504,894
Interest-earning
assets 10,230,406 10,336,458 10,617,362 10,994,522 11,323,472
Interest-bearing
liabilities 9,696,561 9,776,913 10,049,293 10,355,071 10,658,704
Average common shares
outstanding 31,595,596 30,440,953 28,863,000 28,863,000 28,863,000
Ratios
------
ROA (return, before
minority interest,
on average assets) 0.80% (0.09)% 4.01% 0.61% 0.64%
ROCE (return on average
common equity) 12.67 (5.16) 78.92 9.79 11.08
Net interest spread 2.35 1.90 2.01 1.63 1.75
Net yield on interest-
earning assets 2.63 2.20 2.25 1.97 2.10
Efficiency ratio 55.48 98.05 79.62 61.10 59.24
Equity to assets
(period end) 4.93 4.96 4.80 4.67 4.43
Tangible capital
ratio (Bank only) 6.63 6.57 6.15 6.88 6.53
Core capital
ratio (Bank only) 6.69 6.64 6.23 6.96 6.61
Risk-based capital
ratio (Bank only) 12.74 13.09 12.53 14.20 13.97
Asset quality (period end)
--------------------------
Nonperforming
loans ("NPLs") $ 89,974 $ 89,643 $ 81,959 $ 96,019 $ 93,167
Nonperforming
assets ("NPAs") 123,883 120,373 112,989 124,285 118,411
NPLs as a % of
total loans 1.12% 1.19% 1.07% 1.21% 1.17%
NPAs as a % of
total assets 1.12 1.12 1.03 1.10 1.02
(1) Operating earnings represents net income before taxes and minority
interest and excludes net gains (losses) on securities, mortgage-
backed securities and other loans. Operating earnings for fiscal
1996 excludes non-recurring items, as applicable. Non-recurring
items are comprised of the SAIF assessment charge $33,657 ($20,729
net of tax) recorded in September 1996 and compensation expense
$7,820 ($4,816 net of tax), the mortgage origination business
charge $12,537 ($7,729 net of tax), the contractual payment to
previous minority interests $5,883, and the tax benefit $101,700,
which were recorded in June 1996.
BANK UNITED CORP.
FINANCIAL HIGHLIGHTS TREND
(dollars in thousands, except per share data)
(unaudited)
For the
Three Months Ended
-------------------------
12/31/96 12/31/95
-------- --------
Selected financial information,
excluding non-recurring items (1)
---------------------------------
Net income 17,263 14,084
Net income applicable to common shares 17,263 13,144
Earnings per share 0.55 0.46
ROA 0.80% 0.64%
ROCE 12.67 11.08
Efficiency ratio 55.48 59.24
For the Quarter Ended
---------------------------------------------
12/31/96 9/30/96 6/30/96 3/31/96 12/31/95
-------- ------- ------- ------- --------
Net income 17,263 13,795 15,838 12,675 14,084
Net income applicable
to common shares 17,263 13,392 14,909 11,824 13,144
Earnings per share 0.55 0.44 0.52 0.41 0.46
ROA 0.80% 0.67% 0.76% 0.61% 0.64%
ROCE 12.67 11.95 13.17 9.79 11.08
Efficiency ratio 55.48 58.80 56.47 61.10 59.24
(1) Non-recurring items are comprised of the SAIF assessment charge
$33,657 ($20,729 net of tax) recorded in September 1996 and
compensation expense $7,820 ($4,816 net of tax), the mortgage
origination business charge $12,537 ($7,729 net of tax), the
contractual payment to previous minority interest $5,883, and
the tax benefit $101,700, which were recorded in June.
CONTACT: Media: Vern Stockton Stockton, city (1990 pop. 210,943), seat of San Joaquin co., central Calif., on the San Joaquin River; inc. 1850. One of the fastest-growing U.S. cities during the late 20th cent., Stockton is an inland seaport located at the head of the San Joaquin delta. , 713/543-6920, or Investors: Anthony J. Nocella, 713/543-6575, both of Bank United Corp. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion