North American Savings Bank sees loss of 3 millon dollars

The holding company for North American Savings Bank saw a fourth-quarter profit turn to a loss after regulators directed it to restate financial figures for the period.
Grandview-based NASB Financial Inc. (Nasdaq: NASB) said Wednesday that it received a letter earlier this month from the Office of Thrift Supervision telling it to restate its fourth-quarter numbers. The regulator required the company to reclassify certain residential development loans receivable as troubled debt restructuring.

Read more: North American Savings Bank sees loss after regulators require restatement

RE/MAX sells more homes than any other real estate company.
For a reason...should we talk?

Blog post written by the Dowell Taggart Team of RE/MAX Premier Realty

Comments are appreciated! Go ahead and add your 2 cents . . .
We have 3 easy steps to find you the perfect home . Click here to get started, today!

Thinking about selling your home? - We have a 17 point plan on how to sell it for “Top Dollar.”

Find Your New Home Fast and Simple Search 23,000+ KC Homes for Sale	View Distressed Sales, Short Sales and Bank Foreclosures	Find Out What Your Home Is Worth Online
Do You Want to List Your Home, or Sell Your Home?	View Our Featured Homes For Sale	Beat Other Buyers To The Hottest New Listings