Jeffersonville Bancorp Announces Third Quarter Earnings of $3,092,000 or $0.73 per share and Year to Date Earnings of $8,676,000 or $2.05 per share; Declares Dividend of $0.15
JEFFERSONVILLE BANCORP (JFBC)
US:NASDAQ Investor Relations:
jeffbank.com/investor-relations
Company Research
Source: GlobeNewswire
JEFFERSONVILLE, N.Y., Nov. 12, 2024 (GLOBE NEWSWIRE) -- Jeffersonville Bancorp, Inc. (OTCQB - JFBC) announced today third quarter net income of $3,092,000 or $0.73 per share compared to $2,972,000 or $0.70 per share for the same quarter in 2023. The increase in quarterly net income compared to 2023 of $120,000 was primarily attributable to an increase of $397,000 in loan interest and fees, partially offset by an increase in salaries and employee benefits of $133,000, an increase in interest expense of $65,000, and an increase in income tax expense of $37,000. One-time differences between the periods were a one-time gain on sale of foreclosed real estate of $191,000 in the current quarter offset by a negative provision for credit losses of $148,000 and a realized loss on the sale of securities of $88,000 in the same quarter last year. Year to date net income as of September 30, 2024 was $8,676,000 or $2.05 per share compared to $8,828,000 or $2.08 per share for the same period in 2
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- Jeffersonville Bancorp Announces Third Quarter Earnings of $3,092,000 or $0.73 per share and Year to Date Earnings of $8,676,000 or $2.05 per share; Declares Dividend of $0.15 [Yahoo! Finance]Yahoo! Finance
- Jeffersonville Bancorp and Jeff Bank Announce Resignation of Director Philip Coombe, III [Yahoo! Finance]Yahoo! Finance
- Jeffersonville Bancorp and Jeff Bank Announce Resignation of Director Philip Coombe, IIIGlobeNewswire