Croghan Bancshares, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2020
January 21, 2021
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Croghan Bancshares, Inc. announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 9.503 million compared to USD 8.677 million a year ago. Net income was USD 3.801 million compared to USD 3.127 million a year ago. For the full year, net interest income was USD 35.891 million compared to USD 33.265 million a year ago. Net income was USD 13.719 million compared to USD 12.522 million a year ago.
Croghan Bancshares, Inc. is the holding company of The Croghan Colonial Bank (the Bank). The Bank offers various services, such as personal banking, business banking and lending services. Its personal banking services include deposit accounts, savings options, digital services and credit & debit cards. It offers Gen$pend, E-Z Checking, classic checking, interest checking and overdraft protection. Its business banking services include business online banking, business mobile banking, business bill pay, merchant services, remote deposit capture, business Croghan alerts, business e-statements, business mobile deposit, business debit, credit cards and others. Its lending services include personal lending, business lending and mortgage lending. It offers a diverse range of commercial and retail banking services through its 19 banking centers located in Bellevue, Clyde, Curtice, Fremont, Green Springs, Monroeville, Norwalk, Maumee, Milan, Oak Harbor, Oregon, Port Clinton, and Tiffin, Ohio.