York Traditions Bank Reports Unaudited Earnings Results for the Fourth Quarter Ended December 31, 2014
For the year, net income available to common shareholders was $1,873,000, or 87 cents per share, compared to $1,809,000, or 84 cents per share, for last year. This represents a $64,000, or 3.5%, increase. Book value per common share stood at $12.62 at December 31, 2014 compared to $11.76 at December 31, 2013. Net interest income was $10.07 million compared to $9.42 million a year ago. Income before income taxes was $2,758,000 compared to $2,663,000 a year ago. Return on average assets was 0.66% compared to 0.67% a year ago. Return on average equity was 6.19% compared to 6.37% a year ago.