Mars National Bancorp, Inc. Reports Earnings Results for the Year Ended December 31, 2016
Mars National Bancorp, Inc. reported earnings results for the year ended December 31, 2016. For the year, the company reported net interest income of $9,571,000 compared to $9,653,000 a year ago. Net income was $1,308,000 compared to $1,010,000 a year ago. Earnings per share was $16.35 compared to $12.63 a year ago. Return on average assets was 0.36% compared to 0.28% a year ago. Return on average equity was 3.72% compared to 2.89% a year ago. Book value per share was $429.51 compared to $430.28 a year ago.