Wayne Savings Bancshares, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 15, 2021 at 04:05 pm EDT
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Wayne Savings Bancshares, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net interest income was USD 4.734 million compared to USD 4.255 million a year ago. Net income was USD 1.802 million compared to USD 1.651 million a year ago. Basic earnings per share from continuing operations was USD 0.73 compared to USD 0.64 a year ago. Diluted earnings per share from continuing operations was USD 0.72 compared to USD 0.64 a year ago. For the half year, net interest income was USD 9.416 million compared to USD 8.422 million a year ago. Net income was USD 3.689 million compared to USD 2.968 million a year ago. Basic earnings per share from continuing operations was USD 1.49 compared to USD 1.15 a year ago. Diluted earnings per share from continuing operations was USD 1.48 compared to USD 1.15 a year ago.
Wayne Savings Bancshares, Inc. operates as the holding company for Wayne Savings Community Bank (the Bank) that provides personal and business banking products and services to individuals, businesses, and other organizations. The Company offers checking, savings, money market, and term certificate accounts, as well as certificates of deposit. It also provides residential mortgage, commercial, installment, residential and nonresidential real estate, commercial real estate, residential construction, multi-family real estate, land, commercial business, consumer, home, home equity, auto, recreational vehicle, personal, furniture and appliance, agriculture, and term loans, as well as lines of credit, government guaranteed programs, and standby letters of credit. In addition, the Bank offers financial planning, retirement planning, investment advisory, insurance, and wealth management and trust services. It operates in approximately 13 banking locations.
WAYNE SAVINGS BANCSHARES, INC. 
