Paying on time

Borrowers are paying interest on their loans on time.

In the most recent data from the Federal Deposit Insurance Corp., nearly every bank on the Gulf Coast reported a drop in the ratio of noncurrent loans to total loans. Noncurrent loans are those where the borrower is at least 90 days late or not paying at all.

“The economic recovery has a lot to do with the health of our borrowers,” says David Key, president and CEO of Patriot Bank in Trinity.