2008-08-12 — thestreet.com
``Vineyard National Bancorp stated late Monday that it would need to raise capital and find new sources of liquidity to continue operating through 2008... The $2.4 billion Rancho Cucamonga, Calif., holding company reported a net loss of $67.9 million for the second quarter, mainly resulting from a $40.5 million provision for loan losses, as nonaccruing tract construction loans mounted. This followed a first-quarter loss of $13.3 million.''
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