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Citizens Republic Bancorp Announces Return to Profitability

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FLINT, Mich., July 28, 2011 /PRNewswire/ -- Net income applicable to common shareholders was $18.5 million, or $0.46 per share for the second quarter, which includes a $10 million income tax benefit Pre-tax pre-provision profit was $33 million driven by a strong net interest margin of 3.56%, which

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