Suffolk Bancorp (SUBK) Tops Q1 EPS by 3c
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Suffolk Bancorp Reports First Quarter 2015 Results
April 22, 2015 8:02 AM EDTFirst Quarter 2015 Highlights
Reported net income increased by 7.8% to $4.0 million versus first quarter 2014; Core net income increased by 29.5% versus the same period Total loans outstanding increased 2.0% versus fourth quarter 2014 and 22.3% versus first quarter 2014 Demand deposits represented 42.9% of total deposits at March 31, 2015 Maintained exceptionally low cost of funds of 0.16% during first quarter 2015 Core efficiency ratio improves to 66.4% in first quarter 2015 versus 72.5% in first quarter 2014RIVERHEAD, N.Y., April 22, 2015 (GLOBE NEWSWIRE) -- Suffolk Bancorp (the... More
