Oxford Bank Corporation announced consolidated earnings results for the second quarter and six months ended June 30, 2014. For the period, the company's quarterly earnings totaled $400,000, or $0.35 per share, compared to $654,000, or $0.57 per share for the three months ended June 30, 2013.

For the six months, the company's earnings totaled $931,000, or $0.80 per share, compared to $1,154,000, or $1.00 per share during the first half of 2013. The decline in earnings for 2014 compared to 2013 is a result of efforts to accelerate the sale of Bank owned properties during the first half of the year.