Kish Bancorp, Inc. Reports Unaudited Earnings Results for the Nine Months Ended September 30, 2015
October 29, 2015
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Kish Bancorp, Inc. reported unaudited earnings results for the nine months ended September 30, 2015. For the nine months period, the company's net income was $3.37 million, or $2.75 per share, compared to net income of $3.18 million, or $2.60 per share, in the first nine months of 2014. Annualized returns on average shareholders' equity and average assets of 8.97% and 0.67%, respectively, for nine months ended September 30, 2015.
Tangible book value per share of $40.22 as of September 30, 2015, an increase of 9.91% over tangible book value per share of $36.59 at September 30, 2014. Quarterly net income was flat due to one-time adjustments to healthcare expenses that benefitted 2014 third quarter results.
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. 
