Elmira Q2 Profit Up

7/18/2012 12:10 PM ET

Elmira Savings Bank (ESBK: Quote) 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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by RTT Staff Writer

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