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Article: Northfield Savings exceeds $1.5b in total assets.(Northfield Savings Bank)(Brief Article)
- Article from:
- Real Estate Weekly
- Article date:
- February 9, 2005
CopyrightCOPYRIGHT 2005 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Northfield Savings Bank, Staten Island's only mutually-owned savings bank, reported that net income for the year ending December 31, 2004 reached a record high of $16.33 million, a 7.5% increase over the $15.19 million earned during the same period in 2003.
Northfield Savings Bank, parent of Liberty Bank and the principal operating subsidiary of NSB Holding Corporation, announced that total assets as of December 31, 2004 increased $100 million from 2003 to reach an all-time high of $1.56 billion.
Deposit growth also continued on an upward trend in 2004 as year-end total deposits reached a record $1.041 billion. Northfield's capital base at December 31, ...