Responses from Bill Foster, President and CEO:

Responses from Bill Foster, President and CEO:

“We completed 2019 with positive results and good energy. A 12.72% core return on average equity, 56% core earnings growth, and strong asset quality for the year, we produced $5,101,000 in core operating net income. We effectively battled to cultivate profits in a breeding ground by which margins had been under great pressure, so we achieved it within the right methods by controlling expenses and driving noninterest earnings development available banking section and also by growing home loan profits. We failed to chase risk or yield. We didn’t leverage the balance sheet up. We maintained our consider winning and growing appealing commercial and consumer relationships. It is additionally the sort of environment that shows the strategic value to be within the home loan company whoever profits rounds operate only a little countertop into the commercial banking portion. Continue reading “Responses from Bill Foster, President and CEO:”