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Close to 25 percent of First Busey borrowers are in Florida

By Don Dodson
Tuesday August 12, 2008

URBANA – Nearly one-quarter of First Busey Corp.'s loans are to borrowers in southwest Florida, the Urbana-based bank holding company disclosed in its quarterly report to the Securities & Exchange Commission last week.

Altogether, the company has $756.2 million in loans in southwest Florida, or 23.9 percent of its total loan portfolio of $3.12 billion, according to the report filed last Friday.

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