First Bankers Trustshares Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
August 20, 2015 at 02:47 pm
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First Bankers Trustshares Inc. reported earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported net income of $2.43 million, or $0.78 per share, compared to $1.93 million, or $0.62 per share, for the same quarter ended June 30, 2014. Net interest income was $5.85 million, compared to $5.69 million for the same quarter ended June 30, 2014.
For the six months, the company reported net income of $4.50 million, or $1.45 per share, compared to $3.62 million, or $1.16 per share, for the same period ended June 30, 2014. Net interest income was $11.68 million, compared to $10.94 million for the same period ended June 30, 2014.
First Bankers Trustshares, Inc. is the holding company for First Bankers Trust Company, N. A. (the Bank). The primary business of the Bank is that of a community-oriented financial institution offering a variety of financial services. It attracts deposits from the general public and uses such deposits, together with borrowings and other funds, to originate one-to-four family residential mortgage loans, consumer loans, small business loans and agricultural loans in its primary market area. It also invests in investment securities consisting of United States government or agency obligations, mortgage-backed securities, financial institution certificates of deposit, and other liquid assets. Its portfolio segments include commercial operating, commercial real estate, agricultural operating, agricultural real estate, construction, and land development. It offers consumer and other loans, including motor vehicle, home improvement, home equity, signature loans and small personal credit lines.
FIRST BANKERS TRUSTSHARES, INC. 
