Suffolk Bancorp (SUBK) Tops Q3 EPS by 4c
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Suffolk Bancorp Reports Third Quarter 2015 Results
October 21, 2015 8:01 AM EDTÂ Third Quarter 2015 Highlights
Net income increased by 31.7% to $4.9 million versus third quarter 2014 Â Total loans outstanding increased by 5.6% versus second quarter 2015 and 23.6% versus third quarter 2014 Â Demand deposits, representing 45% of total deposits at September 30, 2015, increased by 4.5% versus second quarter 2015 and 17.6% versus third quarter 2014 Â Â Maintained exceptionally low cost of funds of 0.18% during third quarter 2015 Â Core operating efficiency ratio improved to 61.8% versus 69.2% in third quarter 2014Tangible book value per share... More