Elmira Savings Bank (ESBK) reported first-quarter net income of $1.2 million, up from $1.1 million last year. Earnings per share remained flat with last year at $0.34
Net interest income for the quarter declined to $3.8 million from $3.9 million a year ago. Non-interest income rose to $1.3 million from $0.8 million last year.
Provision for loan losses reduced to $125,000 from $150,000 in the year-ago quarter.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org