In Brief: Casino Loan Comes Up Snake Eyes for GBC.

GBC Bancorp, the parent of General Bank in Los Angeles, has run into trouble with a loan to a Las Vegas casino.

The $1.7 billion-asset company said Monday that an unnamed borrower has filed for bankruptcy, leaving GBC on the hook for $31 million. The loan was for construction of an unspecified, casino-related project.

The announcement sent GBC's stock tumbling to a 52-week low. In heavy trading Monday, it fell 22% to $15.687. At midday Tuesday, it was trading at $13.75.

The loan is collateralized by a first trust deed on the building and an undeveloped land parcel. It is also held by second trust deeds on a nearby hotel and a recreational vehicle …