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SVB&T Corporation, Parent Company of Springs Valley Bank & Trust Company, Reports 2021 First Quarter Record Earnings - Vimarsana News

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...

SVB&T Corporation, Parent Company of Springs Valley Bank & Trust Company, Reports 2020 Fourth Quarter and Annual Earnings - Vimarsana News

SVB&T Corporation, Parent Company of Springs Valley Bank & Trust Company, Reports 2020 Fourth Quarter and Annual Earnings

(1) JASPER, IN / ACCESSWIRE / February 1, 2021 / SVB&T Corporation (OTCQX:SVBT), parent company of Springs Valley Bank & Trust Company, today announced near-record 2020 fourth quarter unaudited earnings of $1.4 million or $2.44 earnings per share (EPS), a 24.49% increase over the same prior-year period earnings on a per-share basis. This fourth quarter 2020 performance translates to a return on average assets (ROAA) of 1.10%, compared to the same prior-year period of 0.96%. Net interest income before provision expense for the fourth quarter ended December 31, 2020 was $4.7 million compared to...