Cornerstone Bancorp Reports Q4, 2022 Earnings
PALATINE, Ill., — Cornerstone Bancorp, Inc., the bank holding company for Cornerstone National Bank & Trust Company, has reported net income of $3.1 million, or $3.12 per diluted share, for the fourth quarter of 2022, compared to $2.1 million, or $2.10 per diluted share, for the fourth quarter of 2021. For the year ended December 31, 2022, net income increased 6.7% to $10.48 million, or $10.54 per…
Great Lake Banker MagazineOxford Banks Posts Q4 and 2022 Results
OXFORD, Mich., — Oxford Bank Corporation, the holding company for Oxford Bank, has announced operating results for the fourth quarter and year ended December 31, 2022. The Company’s quarterly consolidated earnings for the three months ended December 31, 2022, were $3.342 million, compared to $2.025 million, for the same period one year ago. Fourth quarter 2022 earnings also increased, as expected,…
Sturgis Bancorp Reports Earnings for 2022
STURGIS, Mich., — Sturgis Bancorp, Inc.has announced net income of $6.6 million for 2022 and $1.9 million for the fourth quarter of 2022. Eric L. Eishen, President and CEO, stated, “Core business for the Bank has expanded significantly in 2022. Both loan and deposit growth have been at historic levels. This is primarily the result of…
Richmond Mutual Posts Q4 and 2022 Results
RICHMOND, Ind., — Richmond Mutual Bancorporation, Inc., a Maryland corporation, parent company of First Bank Richmond, has announced net income of $3.3 million for the fourth quarter of 2022, compared to net income of $3.2 million and net income of $2.7 million for the fourth quarter of 2021. Net income was $13.0 million for the year ended December 31, 2022, compared to net income…
Peoples Bancorp Posts Results, Declares Dividend
MARIETTA, Ohio, — Peoples Bancorp Inc. has announced results for the quarter and year ended December 31, 2022. Net income totaled $26.8 million for the fourth quarter of 2022, representing earnings per diluted common share of $0.95. In comparison, earnings per diluted common share were $0.92 for the third quarter of 2022 and $0.98 for the fourth quarter of 2021. For the full year,…
Norwood Financial Reports Q4, 2022 Income
HONESDALE, Pa., — Wayne Bank has announced net income for the three months ended December 31, 2022 of $7,140,000 compared to the net income of $6,638,000 earned in the three months ended December 31, 2021. For the year ended December 31, 2022, net income totaled $29,233,000, an increase of $4,318,000 from net income of $24,915,000…
Pathfinder Bancorp Declares Dividend
OSWEGO, N.Y., — Pathfinder Bancorp, Inc., the bank holding company of Pathfinder Bank, has declared a cash dividend of $0.09 per share on the Company’s voting common and non-voting common stock, and a cash dividend of $0.09 per notional share for the issued warrant relating to the fiscal quarter ending December 31, 2022, according to…
Norwood Financial Announces Dividend
HONESDALE, Pa., — The Board of Directors of Norwood Financial Corp, and its subsidiary Wayne Bank, has declared a $0.29 per share quarterly dividend, payable February 1, 2023, to shareholders of record as of January 13, 2023, according to James O. Donnelly, President and Chief Executive Officer. The $0.29 per share represents an increase of…
AgriBank Pays Quarterly Preferred Stock Dividend
ST. PAUL, Minn., — St. Paul-based AgriBank paid a quarterly cash dividend of $1.7188 per share on its 6.875 percent non-cumulative perpetual class A preferred stock to holders of record as of Dec. 1, 2022.
CNB Community Bancorp Declares Dividend
HILLSDALE, Mich., — The Board of Directors of CNB Community Bancorp, Inc. has declared a quarterly cash dividend on the Company’s common stock in the amount of $0.29 per share, an increase of $0.02 from the dividend paid for Q4 2021. Additionally, the Board of Directors declared an additional special dividend of $0.20 per share….