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Article: Indian Village Bancorp, Inc. Announces Earnings for the Three and Nine Months Ended March 31, 2003.
- Article from:
- PR Newswire
- Article date:
- May 2, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. 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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Indian Village Bancorp, Inc. (BULLETIN BOARD: IDVB) , the holding company for Indian Village Community Bank, today reported results for the three and nine months ended March 31, 2003.
Net income for the three months ended March 31, 2003 totaled $80,000 compared to $130,000 for the same period in 2002, a decrease of $50,000, or 38.5%. Net income for the nine months ended March 31, 2003 was $285,000 compared to $347,000 for the nine months ended March 31, 2002, a decrease of $62,000, or 17.9%. Basic earnings per share were $0.22 and $0.36 for the three months ended March 31, 2003 and March 31, 2002, respectively. Diluted earnings per share were $0.21 and $0.35 ...
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