PFS Bancorp, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024
August 07, 2024 at 08:18 pm
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PFS Bancorp, Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported net interest income was USD 1.25 million compared to USD 1.14 million a year ago. Net income was USD 0.274 million compared to USD 0.209 million a year ago. Basic earnings per share from continuing operations was USD 0.18. Diluted earnings per share from continuing operations was USD 0.18.
For the six months, net interest income was USD 2.48 million compared to USD 2.24 million a year ago. Net income was USD 0.55 million compared to USD 0.422 million a year ago. Basic earnings per share from continuing operations was USD 0.35. Diluted earnings per share from continuing operations was USD 0.35.
PFS Bancorp, Inc. is a holding company for Peru Federal Savings Bank (the Bank). The Bank is a federal chartered mutual savings bank. The Bank is primarily engaged in providing a full range of banking and financial services to individual and corporate customers in northern Illinois, primarily LaSalle County, from its two facilities located in Peru, Illinois. The Bankâs principal lending activity is the origination of residential and commercial real estate loans, commercial loans, and consumer loans. The Companyâs loan portfolio consists of Residential 1-4 Family Real Estate, Commercial, Consumer, and Construction and Land Development. The Bank offers a selection of deposit accounts, including savings accounts, checking accounts, certificates of deposit and individual retirement accounts. The Bank also offers electronic banking services, including mobile banking, online banking and bill pay, and electronic funds transfer via Zelle.