FSB Bancorp, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2018
October 31, 2018 at 04:47 pm
FSB Bancorp, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported net interest income of $2,136,000 compared to $2,042,000 a year ago. Loss before income taxes was $59,000 compared to net income before income taxes $277,000 a year ago. Net loss was $50,000 or $0.03 per common share compared to net income of $179,000 or $0.09 per common share a year ago.
For the nine months, net interest income was $6,425,000 compared to $5,870,000 a year ago. Net income before income taxes was $116,000 compared to $543,000 a year ago. Net income was $92,000 or $0.05 per common share compared to $398,000 or $0.21 per common share a year ago.