Calvin B. Taylor Bankshares, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2021
February 21, 2022 at 08:00 am
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Calvin B. Taylor Bankshares, Inc. reported earnings results for the fourth quarter ended December 31, 2021. For the fourth quarter, the company reported net interest income was USD 5.72 million compared to USD 4.96 million a year ago. Net income was USD 2.14 million compared to USD 1.41 million a year ago.
Basic earnings per share from continuing operations was USD 0.78 compared to USD 0.51 a year ago.
Calvin B. Taylor Bankshares, Inc. is the bank holding company for Calvin B. Taylor Banking Company of Berlin, Maryland (the Bank). The Bank is a full-service commercial bank which offers a range of loan, deposit, and ancillary banking services through both physical and digital delivery channels. The Bank's personal banking services include checking, savings, mortgages, additional loans, certificate of deposits, money market, digital banking, mobile deposits, and others. The Banks's business banking services include checking, savings, business loans, lines of credit, online banking, mobile banking, money market, IntraFi Network Deposits, and Health Savings Accounts, among others. The Bank also provides debit cards, electronic statements, bank by phone, and automatic teller machines (ATMs). The Company has 12 banking locations within the eastern coastal area of the Delmarva Peninsula including Worcester County, Maryland, Sussex County, Delaware and Accomack County, Virginia.