SVB&T Corporation, Parent Company of Springs Valley Bank & Trust Company, Reports 2021 First Quarter Record Earnings
Share: JASPER, IN / ACCESSWIRE / April 30, 2021 / SVB&T Corporation (OTCQX:SVBT), parent company of Springs Valley Bank & Trust Company, today announced 2021 first quarter unaudited record earnings of $2.2 million or $4.01 earnings per share (EPS), a 174.66% increase over the same prior year period earnings on a per share basis. This first quarter 2021 performance translates to a return on average assets (ROAA) of 1.79%, compared to the same prior year period of 0.72%. Net interest income before provision expense for the first quarter ended March 31, 2021 was $4.6 million compared to $3.6 mil...