First South Bancorp (FSBK) Reports Q3 EPS of $0.20
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First South Bancorp, Inc. Reports 53% and 59% Increase in Quarterly and YTD Earnings for the Periods Ended September 30, 2016
October 20, 2016 5:00 PM EDTWASHINGTON, N.C., Oct. 20, 2016 /PRNewswire/ -- First South Bancorp, Inc. (NASDAQ: FSBK) (the "Company"), the parent holding company of First South Bank (the "Bank"), reports its unaudited operating results for the quarter and nine months ended September 30, 2016.
2016 Third Quarter Highlights
Strong earnings performance with net income of $1.9 million, earnings per share of $0.20, ROA of 0.78% and ROE of 8.52% Strategic execution as evidenced by highest quarterly EPS since Q1 2009 Strong mortgage loan origination, sale and servicing revenue leads to increased core non-interest income... More