Lighthouse Bank Announces Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
For the quarter, the bank reported net interest income of $3,746,922 against $3,843,255 a year ago. Net income before taxes was $1,672,949 against $1,680,749 a year ago. Net income was $1,029,324 against $1,044,792 a year ago. Earnings per share were $0.46 against $0.49 per share a year ago. Book value per share as at June 30, 2015 was $11.79 against $11.18 a year ago. Return on average assets was 1.23% against 1.17% a year ago. Return on average equity was 8.21% against 7.84% a year ago.