Elmira Savings Bank (ESBK) Wednesday reported a second-quarter profit of $1.4 million or $0.42 per share, compared to $1.3 or $0.43 per share in the same period last year.
Net-interest income declined to $3.8 million from $4.0 million last year. Other non-interest income totaled $1.5 million, up from $1 million last year.
Provision for loan losses decreased to $142 thousand from $182 thousand last year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.