Kish Bancorp, Inc. Reports Unaudited Earnings Results for Six Months Ended June 30, 2015
July 30, 2015
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Kish Bancorp, Inc. reported unaudited earnings results for six months ended June 30, 2015. For the period, the company's net income was $2.1 million, or $1.71 per share, compared to net income of $1.9 million, or $1.55 per share, in the first six months of 2014, an increase of 10.5% in net income and 10.3% per share. Annualized returns on average shareholders' equity and assets of 8.39% and 0.63%, respectively, for the six months ended June 30, 2015.
Year-to-date, the net interest margin at the end of June 2015 was 3.30% compared to 3.24% during the same period in 2014. The primary component of the increase was growth in net interest income, which, at $9.7 million, increased by $601,000 or 6.61%, from $9.1 million the prior year.
Kish Bancorp, Inc. is a diversified financial service company. Kish Bank, a subsidiary of the Company, operates approximately 18 offices and financial centers serving Centre, Mifflin, Huntingdon, Blair, and Juniata counties, and northeastern Ohio. In addition to Kish Bank, other business units include Kish Insurance, an independent property and casualty insurance agency; Kish Financial Solutions, which offers trust, fiduciary, and wealth management advisory services; Kish Benefits Consulting, which provides employee benefits consulting services; and Kish Travel, a full-service travel agency. Its personal services include personal banking, personal loans and credit, wealth management, insurance and travel. It also provides business banking, business loans and credit, business financial solutions, commercial insurance and benefits consulting. Its personal banking solutions include personal checking accounts, personal savings accounts, cards and digital tools.
KISH BANCORP, INC. 
