Jeffersonville Bancorp Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 01:14 pm EDT
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Jeffersonville Bancorp announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced net interest income was USD 4.576 million compared to USD 5.402 million a year ago. Net income was USD 1.264 million compared to USD 2.086 million a year ago. Basic earnings per share was USD 0.3 compared to USD 0.49 a year ago. For the half year, net interest income was USD 9.427 million compared to USD 10.550 million a year ago. Net income was USD 2.310 million compared to USD 3.762 million a year ago. Basic earnings per share was USD 0.55 compared to USD 0.89 a year ago.
Jeffersonville Bancorp is a bank holding company for Jeff Bank (the Bank). The Company's principal activity is the ownership of all outstanding shares of the Bankâs stock. It operates through community banking operations segment. The Bank is a commercial bank providing community banking services to individuals, small businesses, and local municipal governments primarily in Sullivan County, New York. The Bank maintains ten full-service branches in Sullivan and Orange County, New York located in Anawana Lake Road/Monticello, Eldred, Callicoon, Jeffersonville, Liberty, Livingston Manor, Monticello, Port Jervis, White Lake, and Wurtsboro.
JEFFERSONVILLE BANCORP 
