Cib Marine Bancshares, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2021
October 12, 2021 at 05:00 am EDT
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CIB Marine Bancshares, Inc. announced earnings results for the third quarter ended September 30, 2021. For the third quarter, the company announced net interest income was USD 5.894 million compared to USD 6.185 million a year ago. Net income was USD 2.074 million compared to USD 3.410 million a year ago. For the nine months, net interest income was USD 17.406 million compared to USD 16.458 million a year ago. Net income was USD 5.572 million compared to USD 5.877 million a year ago.
CIB Marine Bancshares, Inc. (CIB Marine) is a bank holding company, which provides a full range of banking and related services through its banking subsidiary, CIBM Bank (the Bank). Its segments include mortgage, banking and corporate. The Bank offers a full array of traditional banking services, including a range of loan products, such as commercial loans, commercial real estate loans, commercial and residential construction loans, government guaranteed loans, one-to-four family residential real estate loans, home equity loans, consumer loans, and commercial and standby letters of credit; consumer and commercial deposit accounts, including savings, checking, and time deposits; trust services; cash management; repurchase agreements, and other traditional community banking services. The Bank operates approximately 10 banking offices and eight mortgage loan offices in Illinois, Wisconsin and Indiana.
CIB MARINE BANCSHARES, INC. 
