Calvin B. Taylor Bankshares, Inc. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 04:33 pm EDT
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Calvin B. Taylor Bankshares, Inc. reported unaudited earnings results for the first quarter ended March 31, 2021. For the quarter, Total interest revenue was $5,263,363 against $5,140,947 reported a year ago. Net interest income
was $5,076,193 against $4,963,552 reported a year ago. Income before income taxes was $3,255,428 against $2,561,808 reported a year ago. Net income was $2,595,428 or $0.94 per share against $1,911,308 or $0.69 per share reported 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.
CALVIN B. TAYLOR BANKSHARES, INC. 
