Saturday, Oct 22, 2016
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Sky Financial posts 9% increase in first quarter

BOWLING GREEN, O. - Sky Financial Corp., Inc., holding company e for Sky Bank and other firms, reported first-quarter profits yesterday of $31.5 million, or 38 cents a share, up 9 percent from the $28.8 million, or 35 cents a share, for the same period a year ago.

The company reported net interest income of $84 million, compared with $76.8 million for the year-ago quarter, and it raised its loan-loss provision to $9.3 million from $6.6 million a year ago. It reported assets of $9.3 billion, up from $8.3 billion a year ago.

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