Oxford Bank Corporation Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014
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.