Calvin B. Taylor Bankshares, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2021
August 02, 2021 at 04:52 pm EDT
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Calvin B. Taylor Bankshares, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2021. For the quarter, the company reported total interest revenue was $5,313,074 against $5,115,965 a year ago. Net income was $2,071,889 against $2,031,642 a year ago. Basic and diluted per share was $0.75 against $0.73 a year ago.
For the six months, the company reported total interest revenue was $10,576,437 against $10,256,912 a year ago. Net income was $4,667,317 against $3,942,950 a year ago. Basic and diluted per share was $1.69 against $1.42 a year ago.
Calvin B. Taylor Bankshares, Inc. is the bank holding company for Calvin B. Taylor Banking Company of Berlin, Maryland (the Bank). The Bank is a full-service commercial bank which offers a range of loan, deposit, and ancillary banking services through both physical and digital delivery channels. The Bank's personal banking services include checking, savings, mortgages, additional loans, certificate of deposits, money market, digital banking, mobile deposits, and others. The Banks's business banking services include checking, savings, business loans, lines of credit, online banking, mobile banking, money market, IntraFi Network Deposits, and Health Savings Accounts, among others. The Bank also provides debit cards, electronic statements, bank by phone, and automatic teller machines (ATMs). The Company has 12 banking locations within the eastern coastal area of the Delmarva Peninsula including Worcester County, Maryland, Sussex County, Delaware and Accomack County, Virginia.