Essa Bancorp, Inc. Reports Earnings Results for the First Quarter Ended December 31, 2018
January 25, 2019 at 12:21 am IST
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ESSA Bancorp, Inc. announced earnings results for the first quarter ended December 31, 2018. For the first quarter, the company announced net interest income was USD 11.885 million compared to USD 11.768 million a year ago. Net income was USD 3.009 million compared to net loss of USD 1.638 million a year ago. Basic earnings per share was USD 0.27 compared to basic loss per share of USD 0.15 a year ago.
ESSA Bancorp, Inc. is a holding company for ESSA Bank & Trust (the Bank). The Bank is a chartered savings bank. The Bank has two regional offices in Allentown and Devon, and operates 21 community offices throughout the greater Pocono, Lehigh Valley, Scranton/Wilkes-Barre and suburban Philadelphia areas. The Bankâs primary business consists of the taking of deposits and granting of loans to customers generally in Monroe, Northampton, Lehigh, Delaware, Chester, Montgomery, Lackawanna and Luzerne Counties, Pennsylvania. Its personal banking services include personal checking, personal savings, certificates of deposit, money market account, individual retirement accounts (IRAs), online banking, mobile banking, mobile deposit, online bill pay, e-statements, Zelle, Debit Mastercard and others. Its business banking services include business checking, IOLTA checking, government checking, commercial and industrial loans, commercial real estate loans, government financing and credit and others.