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Rurban Financial posts quarterly gains

DEFIANCE - Rurban Financial Corp., a small, publicly traded bank holding company in northwest Ohio, reported a first-quarter profit yesterday of $1.6 million, or 37 cents a share, compared with $1.5 million, or 35 cents a share, for the same period a year ago.

At the firm's annual shareholders meeting, Rurban reported net interest income for the quarter increased to $6.65 million from $6.3 million; deposits grew to $585 million from $566 million in Dec. 31; and loans grew to $573 million. The company's assets as of March 31 were $708 million, up from $701 million Dec. 31.

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