The National Capital Bank of Washington Announces Unaudited Earnings Results for Fourth Quarter and Full Year Ended December 31, 2016
January 25, 2017 at 10:45 pm IST
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The National Capital Bank of Washington announced unaudited earnings results for fourth quarter and full year ended December 31, 2016. For the quarter, the company reported Interest income of $3,182,000 against interest income of $2,670,000 a year ago. Net interest income was $3,071,000 against net interest income of $2,552,000 a year ago. Income before taxes was $1,634,000 against income before taxes was $3,453,000 a year ago. Net income was $1,195,000 against net income of $2,109,000 a year ago. Net income per share was $4.15 against net income per share of $7.33 a year ago. Return on average stockholders' equity of 11.11% against return on average stockholders' equity of 23.63% a year ago. Return on average total assets of 1.18% against return on average total assets of 2.03% a year ago.
For the period, the company reported Interest income of $11,822,000 against interest income of $11,709,000 a year ago. Net interest income was $11,375,000 against net interest income of $11,193,000 a year ago. Income before taxes was $7,811,000 against income before taxes was $10,671,000 a year ago. Net income was $4,943,000 against net income of $6,587,000 a year ago. Net income per share was $17.17 against net income per share of $22.9 a year ago. Book value per share was $141.99 against book value per share of $131.8 a year ago. Return on average stockholders' equity of 11.9% against return on average stockholders' equity was 19.42% a year ago. Return on average total assets of 1.2% against return on average total assets of 1.54% a year ago.