Croghan Bancshares, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2018
January 26, 2019 at 02:13 am
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Croghan Bancshares, Inc. announced earnings results for the third quarter ended September 30, 2018. For the third quarter, the company announced net interest income was USD 8.125 million compared to USD 7.862 million a year ago. Net income was USD 2.964 million compared to USD 2.701 million a year ago. For the nine months, net interest income was USD 24.059 million compared to USD 23.202 million a year ago. Net income was USD 9.126 million compared to USD 7.637 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.