Fauquier Bankshares (FBSS) Reports Q2 EPS of $0.42
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Fauquier Bankshares Announces Second Quarter 2016 Earnings
August 5, 2016 4:01 PM EDTWARRENTON, Va., Aug. 5, 2016 /PRNewswire/ --Â Fauquier Bankshares, Inc. (NASDAQ: FBSS) parent company of The Fauquier Bank (TFB) reported net income of $1.56 million for the second quarter of 2016 compared with $1.05 million for the second quarter of 2015. Earnings for the quarter reflected a $1.13 million recovery of loan loss provision, which resulted in an additional $748,000 in after tax income for the quarter. Basic and diluted earnings per share for the second quarter of 2016 were $0.42, compared with $0.28 in the second quarter 2015. Net income for the first six months of 2016 was $2.17 million compared with $1.79... More
