Santa Cruz County Bank Announces Unaudited Earnings Results for the Fourth Quarter and Year Ended December 31, 2013
For the year, the company reported net interest income of $14,692,990 against $13,322,373 a year ago. Net income before taxes was $5,048,509 against $4,555,225 a year ago. Net income after taxes was $3,311,997 or $1.68 per basic share against $2,840,305 or $1.47 per basic share a year ago. As at December 31, 2013, nook value per share was $16.39 against 15.16 a year ago.