Tuesday, Aug 30, 2016
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Economy

Profits, revenues decline at MBT

MONROE - MBT Financial Corp., parent of Monroe Bank & Trust, reported first-quarter profit yesterday of $4.7 million, a 3 percent decrease from $4.9 million in the same period a year ago. Per-share earnings were unchanged at 28 cents.

The company also reported net interest income of $12.2 million, compared with $12.6 million for the quarter a year ago, and assets of $1.62 billion compared with $1.6 billion a year earlier.

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