Saturday, Jul 23, 2016
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Economy

MBT Financial profit is $4.9M

MONROE - MBT Financial Corp., parent of Monroe Bank & Trust, said yesterday it had a profit of $4.9 million, or 28 cents a share, for its first quarter, compared with $5.4 million, or 31 a share, for the same period a year earlier.

Net interest income was unchanged from a year earlier at $12.6 million, and assets at the end of the quarter were $1.55 billion, up from $1.41 billion a year ago.

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