Jeffersonville Bancorp Announces First Quarter Earnings, Declares Quarterly Dividend
14 5월 2015 - 5:35AM
Jeffersonville Bancorp, Inc. (OTCQB:JFBC) announced today first
quarter net income of compared to $1,312,000 or $0.31 per share for
the same quarter in 2014. The increase in quarterly net income was
primarily due to a decrease of $143,000 in total interest expense,
a decrease of $100,000 in the provision for loan losses and a
$395,000 decrease in other non-interest expense partially offset by
an increase in income tax expense of $222,000.
A cash dividend in the amount of fourteen cents ($0.14) per
share on the common stock of the company was declared at the May
12, 2015 meeting of the Board of Directors. The dividend is payable
on June 1, 2015 to stockholders of record at the close of business
on May 26, 2015.
Jeffersonville Bancorp is a one-bank holding company, which owns
all the capital stock of Jeff Bank. Jeff Bank maintains twelve
full service branches in Sullivan County, New York located in
Bloomingburg, Eldred, Callicoon, Jeffersonville, Liberty,
Livingston Manor, Loch Sheldrake, Monticello, Narrowsburg,
Wal-Mart/Monticello, White Lake and Wurtsboro.
CONTACT: For More Information, call: 845-482-4000
Wayne Zanetti, President - CEO
Jeffersonville Bancorp (NASDAQ:JFBC)
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