Blog Post By:
Dave Misch, CEO
The second quarter numbers are out. We done good.
YOUR bank had record earnings with an increase of 3.0% for the first six months of 2017 compared to the first six months of 2016. In addition to the record earnings, the Bank had solid growth across all lines of business—loans, non-interest bearing deposits and other products.
While growth is important, so is being a fiscally sound institution. Your money is here, so it matters. I am pleased to say that loan credit quality continues to improve resulting in a lower reserve for loan losses at June 20, 2017 compared to December 31, 2016. The Bank’s capital ratios continue to exceed “well capitalized” regulatory requirements. Click here to read the full press release.
We are on a good track at the mid-point of 2017. The team is working hard to continue this trajectory and finish 2017 strong. Watch for future blog posts about the bank or hopefully some other interesting stuff.
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