SB Financial Group, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2021
January 27, 2022 at 04:15 pm EST
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SB Financial Group, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported net interest income was USD 9.08 million compared to USD 9.25 million a year ago. Net income was USD 3.33 million compared to USD 5.36 million a year ago. Basic earnings per share from continuing operations was USD 0.4667 compared to USD 0.6762 a year ago. Diluted earnings per share from continuing operations was USD 0.4667 compared to USD 0.6762 a year ago.
For the full year, net interest income was USD 37.88 million compared to USD 35.93 million a year ago. Net income was USD 18.28 million compared to USD 14.94 million a year ago. Basic earnings per share from continuing operations was USD 2.4571 compared to USD 1.8667 a year ago. Diluted earnings per share from continuing operations was USD 2.4381 compared to USD 1.8667 a year ago.
SB Financial Group, Inc. is a financial holding company. Through its direct and indirect subsidiaries, the Company is engaged in a various financial activities, including commercial banking, and wealth management services. The Company is primarily engaged in providing a full range of banking and wealth management services to individual and corporate customers primarily located in Ohio, Indiana, and Michigan. Its principal activity is the ownership and management of its wholly owned subsidiaries, The State Bank and Trust Company, SBFG Title, LLC, SB Captive, Inc., RFCBC, Inc., Rurbanc Data Services, Inc., Rurban Statutory Trust II, and SBFG Mortgage, LLC. The State Bank and Trust Company offers a full range of commercial banking services, including checking accounts, savings accounts, money market accounts and time certificates of deposit, automatic teller machines, commercial, consumer, agricultural and residential mortgage loans, commercial leasing, and various other services.
SB FINANCIAL GROUP, INC. 
