Oxford Bank Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014
October 14, 2014 at 05:05 pm IST
Oxford Bank Corporation reported earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the net income was $319,000 or $0.26 per basic share, compared to $469,000 or $0.41 per basic share, for the same quarter ended September 30, 2013. Net interest income for the third quarter ended September 30, 2014 was $2.33 million, compared to $2.31 million for the same quarter ended September 30, 2013.
Net income for the nine months ended September 30, 2014 was $1.25 million or $1.03 per basic share compared to $1.62 million, or $1.40 per basic share, for the same period ended September 30, 2013. Net interest income for the nine months ended September 30, 2014 was $6.88 million compared to $7.06 million for the same period ended September 30, 2013.