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Friendly Hills Bank posts results for Q3 of 2020

Nov 13, 2020 - Marketline Newswire
Financial Results

Friendly Hills Bank has reported results for the third quarter of 2020.

For the nine month period ending September 30, 2020, the bank reported net income of $622,000 or $0.31 per diluted share of common stock. This figure includes a $150,000 provision for loan losses. The bank reported net income of $933,000 (including a $50,000 gain on securities sold) or $0.48 per diluted share of common stock for the nine months ended September 30, 2019. As of September 30, 2020, the bank reported total...