Cambridge Bancorp announced net loan charge-offs for the three months ended March 31, 2024. The Company recorded net loan charge-offs of $2,000, or 0.00% of total loans (annualized), for the three months ended March 31, 2024, as compared to net loan recoveries of $10,000, or 0.00% of total loans (annualized), for the three months ended December 31, 2023.
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- Cambridge Bancorp Announces Net Loan Charge-Offs for the Three Months Ended March 31, 2024