Es Bancshares, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 27, 2021 at 02:15 pm
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ES Bancshares, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net interest income was USD 4.289 million compared to USD 3.589 million a year ago. Net income was USD 1.057 million compared to USD 372,000 a year ago. For the half year, net interest income was USD 8.657 million compared to USD 6.679 million a year ago. Net income was USD 2.069 million compared to USD 277,000 a year ago.
ES Bancshares, Inc. serves as the holding company for Empire State Bank (the Bank). The Bank is a New York state chartered bank and provides a variety of financial services to meet the needs of communities in its market area. The Bankâs principal business is attracting commercial and retail deposits in New York and investing those deposits primarily in loans, consisting of commercial real estate loans, and other commercial loans, including small business administration (SBA) and mortgage loans secured by one-to-four-family residences. In addition, the Bank invests in mortgage-backed securities (MBS), securities issued by the United States government and agencies thereof, corporate securities and other investments. The Bank operates from its five banking center locations and two Loan Production offices. The Bankâs loan production offices are located in Queens and Staten Island, New York. The Bankâs subsidiaries include Iron Creek LLC and North Plank Realty II Inc.
ES BANCSHARES, INC. 
