First Preferred Capital Trust IV (FBS-A)

[Enterprising Investor]

First Banks 3Q Financial Results (1/28/11)

First Banks, Inc., the holding company of First Bank, today announced a net loss of $51.4 million for the three months ended December 31, 2010 as compared to a net loss of $153.8 million for the three months ended December 31, 2009.

For the year ended December 31, 2010, First Banks recorded a net loss of $191.7 million compared to a net loss of $427.6 million for the year ended December 31, 2009. The net loss for the three months and year ended December 31, 2010 includes a provision for loan losses of $52.0 million and $214.0 million, respectively, as compared to $63.0 million and $390.0 million for the three months and year ended December 31, 2009, respectively.

http://www.firstbanks.com/About_Us/First_Bank_In_The_News/press_4q10.pdf