Business Digest.Byline: The Register-Guard
Siuslaw Siuslaw can refer to several things:
FLORENCE Florence, city, Italy
Florence (flôr`əns, flŏr`–), Ital. Firenze, city (1991 pop. 403,294), capital of Tuscany and of Firenze prov., central Italy, on the Arno River, at the foot of the Apennines. - The holding company of Siuslaw Valley Bank on Monday Monday: see week. reported a 23 percent rise in profits for the first half of the year.
Florence-based Siuslaw Financial Group Inc. said it earned $1.5 million, or 35 cents a share, in the six months ended June 30, compared with $1.2 million, or 29 cents a share, in the year-earlier period.
Siuslaw, which opened banks in Eugene and Springfield earlier this year, said assets rose 16 percent to $211.8 million.
The company said it had $478,685 in nonperforming loans one year ago, but they had been repaid in full. Loans delinquent delinquent 1) adj. not paid in full amount or on time. 2) n. short for an underage violator of the law as in juvenile delinquent.
DELINQUENT, civil law. He who has been guilty of some crime, offence or failure of duty. more than a month represent 0.36 percent of total loans, Siuslaw said.