Loading…
Thursday, December 18, 2014
Current Weather
Loading Current Weather....
HomeNewsLocal
Published: Friday, 7/25/2003

Rurban Financial reports profit

DEFIANCE - Rurban Financial Corp. yesterday reported second-quarter profit of $6.5 million, or $1.42 per share, compared with a loss of $7.6 million, or $1.68 per share, in the same period a year ago.

The bank holding company, parent of State Bank and Trust Co., also reported net interest income of $3.3 million last quarter, compared with $6.3 million in the year-ago quarter, and assets of $492.7 million, down from $788.3 million.

Rurban's assets fell because of the sale of a number of branches.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.








Poll