Thursday, Aug 25, 2016
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Economy

Results at MBT decline in quarter

MONROE, Mich. - MBT Financial Corp., the parent firm of Monroe Bank & Trust, yesterday reported second quarter profit of $5.4 million, or 31 cents per share, a decrease of 4.9 percent from the $5.6 million, or 32 cents per share, it had in the same period a year ago.

Total assets were $1.58 billion in the second quarter, an increase of 3.9 percent from a year earlier when assets were $1.52 billion.

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