Jeffersonville Bancorp, Inc. Announces Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018
February 12, 2019 at 12:03 pm EST
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Jeffersonville Bancorp Inc. announced earnings results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company reported net income of $1,137,000 or $0.27 per share compared to $253,000 or $0.06 per share for the same quarter in 2017.
For the year ended December 31, 2018, net income was $6,203,000 or $1.46 per share compared to $4,292,000 or $1.01 per share in 2017.
Jeffersonville Bancorp is a bank holding company for Jeff Bank (the Bank). The Company's principal activity is the ownership of all outstanding shares of the Bankâs stock. It operates through community banking operations segment. The Bank is a commercial bank providing community banking services to individuals, small businesses, and local municipal governments primarily in Sullivan County, New York. The Bank maintains ten full-service branches in Sullivan and Orange County, New York located in Anawana Lake Road/Monticello, Eldred, Callicoon, Jeffersonville, Liberty, Livingston Manor, Monticello, Port Jervis, White Lake, and Wurtsboro.