Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | Facebook | Twitter | All Access E-Edition | Home RSS
 
 
 

Peoples Bancorp Inc. reports ‘solid’ growth

November 3, 2013
Parkersburg News and Sentinel

MARIETTA - Peoples Bancorp Inc. announced results for the quarter ended Sept. 30. Net income totaled $2.5 million for the third quarter of 2013, representing earnings per diluted share of 23 cents. In comparison, net income was $4.9 million or 46 cents per diluted share for the second quarter of 2013 and $4.8 million or 45 cents per diluted share for the third quarter of 2012. Third quarter 2013 earnings were reduced by $2.2 million (or 21 cents per diluted share) for a federal income tax liability associated with Peoples' surrender of bank owned life insurance ('BOLI") contracts during the quarter. On a year-to-date basis, net income totaled $12.5 million, or $1.16 per diluted share, through Sept. 30 vs. $16.5 million, or $1.56 per diluted share, for the same period a year ago.

 
 

 

I am looking for:
in:
News, Blogs & Events Web