Croghan Bancshares, Inc. Reports Unaudited Consolidated Earnings Results for the Nine Months Ended September 30, 2013
February 28, 2014 at 03:50 pm
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Croghan Bancshares, Inc. reported unaudited consolidated earnings results for the nine months ended September 30, 2013. For the nine months, the company reported income before income taxes of $1,528,588 and net income of $1,154,511 or $2.23 per basic and diluted share on net interest income of $6,321,640. Total interest income was $7,507,313.
On pro forma basis, net interest income was $20,937,000, income before income taxes of $6,314,000, net income of $5,115,000 or $2.25 per basic and diluted share.
Croghan Bancshares, Inc. is the holding company of The Croghan Colonial Bank (the Bank). The Bank offers various services, such as personal banking, business banking and lending services. Its personal banking services include deposit accounts, savings options, digital services and credit & debit cards. It offers Gen$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.
CROGHAN BANCSHARES, INC. 
