The Real Deal Miami

BankUnited loss climbs

January 21, 2009 11:43AM

An updated report from BankUnited, the largest bank based in South
Florida, shows a $317.5 million loss, up from earlier estimates of
$261.1 million. The bank delayed filing its complete results with the
Securities and Exchange Commission. The bank had to increase provisions
for future loan losses to $321.9 million from $275.7 million.
Charge-offs of troubled loans were revised to $207.1 million, up from
$199 million.