Croghan Bancshares, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 02, 2020 at 11:02 am
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Croghan Bancshares, Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced net interest income was USD 8.600 million compared to USD 8.220 million a year ago. Net income was USD 3.268 million compared to USD 2.930 million a year ago. For the half year, net interest income was USD 17.043 million compared to USD 16.123 million a year ago. Net income was USD 6.215 million compared to USD 5.664 million a year ago.
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.