Arkansas bank doubles loan loss reserves from Florida storms to $33.4M

Hurricane Milton causes major problems for this East County home on 71st Avenue Drive East.
Hurricane Milton causes major problems for this East County home on 71st Avenue Drive East.
Photo by Jay Heater
  • Florida
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The Arkansas-based parent company of Centennial Bank, which has a large presence in Florida and on the west coast of the state, has doubled its initial portfolio of reserves for loan losses in place for the past summer’s hurricanes, to now $33.4 million.

 

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