Posts Tagged ‘loan loss provision’

Citizens sees quarterly net income rise, but decrease over nine-month period

PHILADELPHIA — Citizens Holding Company has released the results of operations for the three and nine months ended Sept. 30, 2013. Net income for the three months was $2.009 million, or $0.41 per share-basic and diluted, up from $1.629 million, or $0.34 per share-basic and $0.33 per share-diluted for the same quarter in 2012. Net […] [...]

Swetman: Peoples’ profit ‘not at the levels we would wish’

BILOXI — Peoples Financial Corporation, parent of The Peoples Bank, reported net income of $886,000 for the third quarter of 2013, an increase of 18 percent over the same period a year ago. Earnings year to date in 2013 were impacted in the second quarter by a large loan loss provision mostly related to a […] [...]

Britton & Koontz restates earnings

by Wally Northway Published: March 17,2010

Tags: banking and finance, earnings, loan loss provision

NATCHEZ – Britton & Koontz Capital Corporation has re-evaluated its potential exposure with respect to two impaired commercial loans in its Mississippi market and has increased the allowance for loan loss by $1 million.  The company determined that the provision expense necessary to increase the allowance should be charged to the company’s fourth quarter earnings. […] [...]

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