AB&T Financial Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2019
October 23, 2019 at 05:04 pm
AB&T Financial Corporation reported earnings results for the third quarter and nine months ended September 30, 2019. For the quarter ended September 30, 2019, net income available to common shareholders was $264,000 or $0.008 per basic and diluted share, compared to net income available to common shareholders of $286,000 or $0.009 per basic and diluted share for the quarter ended September 30, 2018. Net interest income increased $13,000 for the quarter ended September 30, 2019 as compared to the quarter ended September 30, 2018.
Earnings for the first nine months of 2019 increased by $106,000 to $797,000, compared to net income of $691,000 for the same period in 2018. Fully diluted earnings per share for the nine months ended September 30, 2019 were $0.025 compared to $0.022 for the same period in 2018.