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OTCQB: FAIT), the holding company for First American International Bank, has reported net income of USD354,000 for the quarter ended September 30, 2014, and USD1.
Triangle Equities Development Company, through its related entity, 42-05 Parsons LLC, has acquired a non-performing construction loan and revolving line of credit from First American International Bank.
Glenn Chang is Executive Vice President, Chief Financial Officer, and a Director of the First American International Bank, Brooklyn, NY.