Jeffersonville Bancorp Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 11:14 am EST
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Jeffersonville Bancorp announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced net interest income was USD 4.642 million compared to USD 5.189 million a year ago. Net income was USD 1.296 million compared to USD 1.698 million a year ago. Basic earnings per share from continuing operations was USD 0.3 compared to USD 0.4 a year ago. For the nine months, net interest income was USD 14.069 million compared to USD 15.739 million a year ago. Net income was USD 3.606 million compared to USD 5.461 million a year ago. Basic earnings per share from continuing operations was USD 0.85 compared to USD 1.29 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 
