Presidio Bank Announces Unaudited Earnings Results for Second Quarter and Six Months Ended June 30, 2015
For the year to date, the company reported interest income of $10,167,000, net interest income of $9,334,000, net income before taxes of $1,994,000, net income attributable to common shareholders of $903,000 or $0.2 per diluted share compared to the interest income of $9,414,000, net interest income of $9,025,000, net income before taxes of $2,580,000, net income attributable to common shareholders of $1,344,000 or $0.3 per diluted share for the same period a year ago. Book value per share was $10.27 compared to $9.31 a year ago. Return on average assets was 0.43% compared to 0.66% a year ago. Return on average common equity was 4.28% compared to 7.03% a year ago.