Kish Bancorp, Inc. Reports Earnings Results for the Year Ended December 31, 2015
January 28, 2016
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Kish Bancorp, Inc. reported earnings results for the year ended December 31, 2015. For the year, net income of $4.49 million, or $3.66 per share, rose 3.09% in 2015 compared to net income of $4.36 million, or $3.57 per share, in 2014. Tangible book value per share was $40.02 per share as of December 31, 2015, an increase of 4.76% over tangible book value per share of $38.21 at December 31, 2014.
Return on average shareholders equity was 8.89% for 2015 compared to 9.54% for the prior year due to a $2.4 million increase in shareholders equity. Net interest income rose to $19.7 million, an increase of $1.03 million, or 5.53%, from $18.6 million the prior year.
Kish Bancorp, Inc. is a diversified financial service company. Kish Bank, a subsidiary of the Company, operates approximately 18 offices and financial centers serving Centre, Mifflin, Huntingdon, Blair, and Juniata counties, and northeastern Ohio. In addition to Kish Bank, other business units include Kish Insurance, an independent property and casualty insurance agency; Kish Financial Solutions, which offers trust, fiduciary, and wealth management advisory services; Kish Benefits Consulting, which provides employee benefits consulting services; and Kish Travel, a full-service travel agency. Its personal services include personal banking, personal loans and credit, wealth management, insurance and travel. It also provides business banking, business loans and credit, business financial solutions, commercial insurance and benefits consulting. Its personal banking solutions include personal checking accounts, personal savings accounts, cards and digital tools.
KISH BANCORP, INC. 
