FFW Corporation Announces Earnings For The Quarter Ended September 30, 2024
FFW CORPORATION (FFWC)
NASDAQ:AMEX Investor Relations:
snl.com/irw/corporateprofile/102281
Company Research
Source: GlobeNewswire
WABASH, Ind., Oct. 23, 2024 (GLOBE NEWSWIRE) -- FFW Corporation (the “Corporation”) (OTC PINK: FFWC) (10/22/2024 Close: $39.50), parent corporation of Crossroads Bank (the “Bank”), announced earnings for the quarter ended September 30, 2024. For the three months ended September 30, 2024, the Corporation reported net income of $1,243,000 or $1.09 per common share compared to $978,000 or $0.87 per common share for the three months ended September 30, 2023. Net interest income for the three months ended September 30, 2024 was $3,782,000 compared to $3,645,000 for the three months ended September 30, 2023. The provision for credit losses was $0 for the three months ended September 30, 2024 and September 30, 2023. Total noninterest income was $1,280,000 for the three months ended September 30, 2024 compared to $928,000 for the three months ended September 30, 2023. Noninterest expense was $3,695,000 for the three months ended September 30, 2024 and $3,487,000 for the three months ende
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