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Jeffersonville Bancorp Announces First Quarter Earnings of $2,718,000 or $0.64 per share; Declares Dividend of $0.15
GlobeNewswire·2025-05-13 17:12

JEFFERSONVILLE, N.Y., May 13, 2025 (GLOBE NEWSWIRE) -- Jeffersonville Bancorp, Inc. (OTCQB - JFBC) announced today first quarter net income of 2,718,000or2,718,000 or 0.64 per share compared to 2,553,000or2,553,000 or 0.60 per share for the same quarter in 2024. The increase in quarterly net income compared to 2024 of 165,000wasprimarilyattributabletoadecreaseininterestexpenseof165,000 was primarily attributable to a decrease in interest expense of 621,000, an increase in loan interest and fees of 328,000,andanincreaseinnoninterestincomeof328,000, and an increase in non-interest income of 102,000. The increase was partial ...