Oak Ridge Financial Services, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 27, 2021 at 08:47 pm IST
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Oak Ridge Financial Services, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net interest income was USD 5.123 million compared to USD 4.447 million a year ago. Net income was USD 1.720 million compared to USD 1.201 million a year ago. Basic earnings per share from continuing operations was USD 0.65 compared to USD 0.45 a year ago. For the half year, net interest income was USD 10.681 million compared to USD 8.417 million a year ago. Net income was USD 3.775 million compared to USD 1.373 million a year ago. Basic earnings per share from continuing operations was USD 1.43 compared to USD 0.52 a year ago.
Oak Ridge Financial Services, Inc. is a bank holding company for Oak Ridge Financial Corporation (the Bank). The principal activity of the Company is ownership of the Bank. The Bank provides financial services through its branch network located in Guilford County, North Carolina. The Companyâs customers are principally located in Guilford County, North Carolina, and adjoining counties.