First Federal, Under Regulatory Order, Revises '09 Loss to $46.2 Million

by Gwen Moritz  on Thursday, Apr. 15, 2010 10:33 pm  

First Federal Bancshares of Arkansas restated its 2009 results to increased its net loss by nearly $20 million and revealed that it has agreed to a cease-and-desist order by the federal Office of Thrift Supervision.

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