Pepperell Trust of Biddeford plans to offer additional stock to raise its capita

Source

Portland Press Herald

Date

11-23-1993

Pages

8C

Abstract

Pepperell Trust of Biddeford plans to offer additional stock to raise its capital ratio to about 7 percent. The bank has $28 million in assets and just $1.2 million set aside as capital, leaving it with a capital ratio of 4.4 percent, below what regulators consider to be healthy. Details.

Subjects

Banks and banking, Pepperell Bank & Trust

Full text is not available here. Please contact the Library for a copy of the article.

Share

COinS