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Bank of Botetourt posts profitable third quarter financial results

/PRNewswire/ Buchanan-based Bank of Botetourt (OTCPK: BORT) announced today its unaudited financial results for the three and nine months-end September 30,. ....

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Bank of Botetourt posts profitable third quarter financial results

/PRNewswire/ Buchanan-based Bank of Botetourt (OTCPK: BORT) announced today its unaudited financial results for the three and nine months-end September 30,. ....

United States , City Of Salem , G Lyn Hayth , Outstanding Paycheck Protection Program , Community Bank Leverage Ratio , Us Department Of The Treasury , Paycheck Protection Program , Buchanan Based Bank , Bank Leverage Ratio , Dividend Reinvestment , Stock Purchase Plan , Economic Growth , Regulatory Relief , Consumer Protection , Hall Bank , Virginia Mountain Mortgage , Botetourt Wealth , Interest Income , Bank Of Botetourt ,

Bank of Botetourt posts profitable second quarter financial results

Bank of Botetourt posts profitable second quarter financial results
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Bank of Botetourt posts most profitable quarter in its history

Bank of Botetourt posts most profitable quarter in its history
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BUCHANAN, Va., April 30, 2021 /PRNewswire/ Buchanan-based Bank of Botetourt (OTCPK: BORT) announced today its unaudited financial results for the quarter-ended March 31, 2021. The Bank produced net income amounting to $1,980,000, the most profitable quarter in its history. The net income equated to $1.14 per basic share in the first quarter. This amount compares to a net income of $1,038,000 or $0.60 per share, for the same period last year.
At March 31, 2021, select financial highlights include:
Return on average assets of 1.29%
Return on average equity of 14.49%
Book value of $32.05 ....

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