Fncb Bancorp, Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2019
January 24, 2020 at 04:16 pm EST
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FNCB Bancorp, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced net interest income was USD 9.309 million compared to USD 9.137 million a year ago. Net income was USD 3.488 million compared to USD 7.068 million a year ago. Basic earnings per share was USD 0.17 compared to USD 0.42 a year ago.
For the full year, net interest income was USD 36.260 million compared to USD 36.507 million a year ago. Net income was USD 11.075 million compared to USD 13.349 million a year ago. Basic earnings per share was USD 0.56 compared to USD 0.79 a year ago.
FNCB Bancorp, Inc. is the bank holding company of FNCB Bank (the Bank). Its primary activity consists of owning and operating the Bank. The Bank is engaged in offering a suite of personal, small business and commercial banking solutions with mobile, online, and in-branch products and services. For personal customers, the Bank provides various deposit products, including savings, money markets, certificates of deposit and checking accounts, along with a line of preferred relationship products that offer premium benefits for higher-balance customers. The Bank offers a variety of financing alternatives to individuals and businesses generally in its primary market area through the origination of loans and leases, including residential real estate loans, construction, land acquisition and development loans, commercial real estate loans, commercial and industrial loans, and others. The Bank operates through about 16 community offices located in Lackawanna, Luzerne, and Wayne Counties.
FNCB BANCORP, INC. 
