Ssb Bancorp, Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
March 30, 2020 at 01:31 pm
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SSB Bancorp, Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced net interest income was USD 4.484 million compared to USD 4.118 million a year ago. Net income was USD 436,345 compared to USD 380,416 a year ago. Basic earnings per share from continuing operations was USD 0.2 compared to USD 0.18 a year ago.
SSB Bancorp, Inc. is a holding company for SSB Bank (the Bank). The Bank provides a variety of financial services to individuals and corporate customers through its offices in Pittsburgh, Pennsylvania. The Bankâs primary deposit products are passbook savings accounts, money market accounts, and certificates of deposit. Its primary lending products are commercial mortgage loans and single-family residential loans. The Bank is subject to regulation and supervision by the Federal Deposit Insurance Corporation (FDIC) and the Pennsylvania Department of Banking and Securities. The Bankâs personal products and services include banking, online and mobile banking, borrowing, mortgages, credit cards through SSB Bank, and Kasasa Care. The Bankâs small business products and services include banking, online and mobile banking, borrowing, merchant services, electronic merchant systems plus (EMS+) for small businesses, and paycheck protection program loan (PPP) forgiveness.
SSB BANCORP, INC. 
