First National of Nebraska, Inc. Announces Unaudited Earnings Results for the Second Quarter and Year to Date Ended June 30, 2019
August 20, 2019
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First National of Nebraska, Inc. announced unaudited earnings results for the second quarter and year to date ended June 30, 2019. For the quarter, the company reported interest income of $364,322,000 against $331,959,000 a year ago. Net income was $91,313,000 against $61,473,000 a year ago. Net interest income was $315,606,000 against $302,181,000 a year ago.
For the year-to-date, the company reported interest income of $726,523,000 against $654,322,000 a year ago. Net income was $172,248,000 against $121,288,000 a year ago. Net interest income was $630,556,000 against $599,881,000 a year ago.
First National of Nebraska, Inc. is a financial holding company. The Company, through its banking subsidiary, First National Bank of Omaha and subsidiaries (the Bank) and non-banking subsidiaries are engaged in various businesses, including technology hosting and related activities, among other things. The Bank supports its business customers with real estate, commercial and agriculture loans, as well as cash and wealth management solutions. The Company supports its individual customers with consumer lending alternatives, including mortgage loans, and cash and wealth management solutions, and it supports its strategic credit card partners by issuing credit cards and unsecured consumer loans to that partnerâs individual and business customers. The Company sells credit card loans to securitization trusts. The Company and its subsidiaries have approximately 103 full-service branches throughout seven states.