Guaranty Federal Bancshares Inc. Announces Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013
For the full year, the company reported net interest income of $20,758,000 against $20,748,000 a year ago. Income before income taxes was $6,870,000 against $1,813,000 a year ago. Net income available to common shareholders was $4,445,000 or $1.58 per diluted share against $868,000 or $0.30 per diluted share a year ago. Annualized return on average assets was 0.82% against 0.30% a year ago. Annualized return on average equity was 10.34% against 3.67% a year ago. Tangible book value per common share as at December 31, 2013.