Spirit of Texas Bancshares Inc. (STXB) Tops Q2 EPS by 17c
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Spirit of Texas Bancshares, Inc. Reports Second Quarter 2021 Financial Results
July 21, 2021 4:15 PM EDTCONROE, Texas, July 21, 2021 /PRNewswire/ -- Spirit of Texas Bancshares, Inc. (NASDAQ: STXB) ("Spirit," the "Company," "we," "our," or "us") reported net income of $12.4 million in the second quarter of 2021, representing diluted earnings per share of $0.70, compared to net income of $7.7 million in the second quarter of 2020, representing diluted earnings per share of $0.44. Â Financial results for the second quarter of 2021 were favorably impacted by $2.4 million net accretion of origination fees from the U.S. Small Business Administration (the "SBA") on Paycheck Protection Program ("PPP") loans.
Second Quarter 2021 Financial and Operational... More

