The Bank of Fincastle Announces Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
October 31, 2018 at 04:42 pm
The Bank of Fincastle announced earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported unaudited net income of $237,833. Net interest income has improved as the Bank continues to grow its loan portfolio.
For the first nine months, the company achieved a return on average assets of 0.43% and return on average equity was 3.51%.