|
|
Article: Silver State Bancorp Reports Year End Earnings.
- Article from:
- Business Wire
- Article date:
- January 13, 2006
CopyrightCOPYRIGHT 2006 Business Wire. 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)
|
HENDERSON, Nev. -- Silver State Bancorp (OTCBB: SSBX), the parent holding company for Silver State Bank, today reported net income of $15,627,000 or $1.19 per diluted share for the year ended Dec. 31, 2005. This represents an increase of $7,109,000 or 83% when compared to net income of $8,518,000 or $.70 per share for the year ended Dec. 31, 2004.
For the three months ended Dec. 31, 2005, net income was $3,460,000 or $.27 per diluted share, an increase of $378,000 or 12% as compared to $3,082,000 or $.25 per diluted share for the three months ended Dec. 31, 2004.
The company's assets totaled $808 million at Dec. 31, 2005, compared to $701 million at Dec. ...