Choice Bancorp, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2012
Choice Bancorp, Inc. (Wisconsin) reported earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported interest income of $2,432,000 against $2,142,000 for the same period last year. Net interest income was $1,887,000 against $1,581,000 for the same period last year. Net income was $1,193,000 or $0.55 per share against $332,000 or $0.15 per share for the same period last year. Book value per share as at March 31, 2012 was $7.81 against $7.24 as at December 31, 2011.