Croghan has 1st-quarter earnings of $932,000

5/1/2010

FREMONT — Croghan Bancshares Inc., the parent company of Croghan Colonial National Bank, has reported first-quarter profit of $932,000, or 55 cents per share, up 7 percent from the $871,000, or 51 cents per share, for the same period a year ago.

The company also reported net interest income of $4.41 million, compared to $4.37 million for the same quarter a year ago, and assets of $479.4 million, compared to $482 million a year earlier.