Madison County Financial, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
April 06, 2021
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Madison County Financial, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced net interest income was USD 14.878 million compared to USD 12.906 million a year ago. Net income was USD 6.736 million compared to USD 5.692 million a year ago. Basic earnings per share from continuing operations was USD 2.65 compared to USD 2.21 a year ago. Diluted earnings per share from continuing operations was USD 2.55 compared to USD 2.13 a year ago.
Madison County Financial, Inc. is the holding company for Madison County Bank (the Bank). The Bank is engaged in providing a range of banking and financial services to individual and corporate customers in the areas surrounding Madison, Nebraska. The Bank offers a range of business and agriculture-specific banking and lending services to help local farmers and business owners manage their finances and grow their operations. Its agriculture and business services include online banking, mobile banking, checking, merchant services, commercial loans, agricultural loans and various other services. The Bank offers various loans, including real estate, agricultural and commercial non-real estate and consumer loans. Its agricultural real estate loans are comprised of loans for the purchase of farmland. Its agricultural non-real estate loans are comprised of seasonal operating lines to cash grain farmers to plant and harvest corn and soybeans, and term loans to fund the purchase of equipment.
MADISON COUNTY FINANCIAL, INC. 
