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BRIEFLY

A Dallas bank wrote off $44 million in loans.

March 19, 1986

An official with Texas Commerce Bancshares said the bank wrote off the loans made to members of the bank's board, blaming the loss on shaky energy and real estate markets. The bank took an additional $1.1-million loss when a restructured loan was sold at a discount to another bank, said Marshall Tyndall, executive vice president of the holding company. He said the bank disclosed the write-offs in the company's proxy statement sent to shareholders in advance of the bank's April 15 annual meeting.

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