Clarkston Financial Corporation Reports Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014
For the nine months, the company reported interest and fees on loans was $4.336 million compared with $4.077 million for the same period last year. Total interest income was $4.447 million compared with $4.166 million for the same period last year. Net Interest Income was $4.042 million compared with $3.676 million for the same period last year. Net income was $0.811 million compared with $0.486 million for the same period last year. The positive operating performance of the Bank continues. Local market conditions are improving which has translated into new opportunities for loans and deposits.