• Pre-tax profit amounts to DKK 25,7m. • Expected annual results unchanged DKK 140-160m before market value adjustments, loan impairment losses and tax. • Loan impairment losses reduced by DKK 71,2m to DKK 106,4m. • Staff costs and administration expenses roughly the same. • Market value adjustments positive by DKK 25,0m. • Following the strategy for lending, loans and advances down by DKK 501,3m. • Deposits inclusive of pools up by DKK 53,0m. • Liquidity surplus amounts to 239.6 percent. • Solvency ratio calculated at 17.5. • Solvency surplus ratio is 8.4. • Expenses to the Financial Stability Company total DKK 27,8m inclusive of impairment losses of DKK 4.1m. • Opening of a new branch in Årslev near Odense on 1 September 2010. • Establishment of a new branch in Kerteminde in first quarter 2011.
The Group of Sparekassen Faaborg fírst to third quarter report 2010
| Source: Sparekassen Faaborg A/S