SB Financial Group, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2019
January 23, 2020 at 04:20 pm
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SB Financial Group, Inc. announced earnings results for the fourth quarter and full year ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 8.596 million compared to USD 8.614 million a year ago. Net income was USD 3.358 million compared to USD 2.960 million a year ago. Basic earnings per share was USD 0.49 compared to USD 0.42 a year ago. Diluted earnings per share was USD 0.42 compared to USD 0.37 a year ago.
For the full year, net interest income was USD 34.826 million compared to USD 33.267 million a year ago. Net income was USD 11.973 million compared to USD 11.638 million a year ago. Basic earnings per share was USD 1.71 compared to USD 1.72 a year ago. Diluted earnings per share was USD 1.51 compared to USD 1.51 a year ago.
SB Financial Group, Inc. is a financial holding company. Through its direct and indirect subsidiaries, the Company is engaged in a various financial activities, including commercial banking, and wealth management services. The Company is primarily engaged in providing a full range of banking and wealth management services to individual and corporate customers primarily located in Ohio, Indiana, and Michigan. Its principal activity is the ownership and management of its wholly owned subsidiaries, The State Bank and Trust Company, SBFG Title, LLC, SB Captive, Inc., RFCBC, Inc., Rurbanc Data Services, Inc., Rurban Statutory Trust II, and SBFG Mortgage, LLC. The State Bank and Trust Company offers a full range of commercial banking services, including checking accounts, savings accounts, money market accounts and time certificates of deposit, automatic teller machines, commercial, consumer, agricultural and residential mortgage loans, commercial leasing, and various other services.
SB FINANCIAL GROUP, INC. 
