First Financial Holdings, Inc. Reclassifies $155 Million of Loans as Held for Sale at June 30, 2011
First Financial Holdings, Inc. (Nasdaq: FFCH) announced today that the company reclassified approximately $155 million of certain nonperforming and performing loans to loans held for sale as of June 30, 2011. The company is pursuing potential loan sale alternatives that are expected to result in the disposition of these assets prior to the calendar year end.
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