Croghan Bancshares Inc. Announces Unaudited Earnings Results for the Full Year Ended December 31, 2012
January 29, 2013 at 11:58 am
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Croghan Bancshares Inc. announced unaudited earnings results for the full year ended December 31, 2012. For the year, net income was $4,843,000 against $4,754,000 of prior year. Return on average assets and return on average equity were 0.77% and 7.40% against 0.94% and 7.97% of prior year.
Income before federal income taxes was $5,584,000 against $5,952,000 of prior year. Net interest income was $17,973,000 against $18,267,000 of prior year.
Croghan Bancshares, Inc. is the holding company of The Croghan Colonial Bank (the Bank). The Bank offers various services, such as personal banking, business banking and lending services. Its personal banking services include deposit accounts, savings options, digital services and credit & debit cards. It offers Gen$pend, E-Z Checking, classic checking, interest checking and overdraft protection. Its business banking services include business online banking, business mobile banking, business bill pay, merchant services, remote deposit capture, business Croghan alerts, business e-statements, business mobile deposit, business debit, credit cards and others. Its lending services include personal lending, business lending and mortgage lending. It offers a diverse range of commercial and retail banking services through its 19 banking centers located in Bellevue, Clyde, Curtice, Fremont, Green Springs, Monroeville, Norwalk, Maumee, Milan, Oak Harbor, Oregon, Port Clinton, and Tiffin, Ohio.