Choice Bancorp, Inc. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2017
Choice Bancorp, Inc. reported consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company's interest income was $3,745,000 against $3,046,000 a year ago. Net interest income was $2,775,000 against $2,262,000 a year ago. Net Income was $837,000 against $747,000 a year ago. Earnings per share were $0.38 against $0.37 a year ago. Book value per share as at June 30, 2017 was $13.82.
For six months, the company's interest income was $7,165,000 against $5,957,000 a year ago. Net interest income was $5,289,000 against $4,485,000 a year ago. Net Income was $1,610,000 against $1,501,000 a year ago. Earnings per share were $0.73 against $0.74 a year ago.