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Published on 4/20/2010 in the Prospect News Distressed Debt Daily.

PFF Bancorp net loss declines to $132,042 in March; cash down

By Caroline Salls

Pittsburgh, April 20 - PFF Bancorp Inc. reported a $132,042 net loss for March, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company posted a $55,782 net loss for February.

PFF had $2.27 million in cash at March 31, down from $2.4 million at the end of February.

Los Angeles-based PFF Bancorp is the holding company of PFF Bank & Trust, Glencrest Investment Advisors and Diversified Builder Services.

The company filed for bankruptcy on Dec. 5, 2008. Its Chapter 11 case number is 08-13127.


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