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Article: Exchange National Bancshares Announces Year 2005 Annual Earnings of $2.36 Per Diluted Share.
- Article from:
- Business Wire
- Article date:
- February 24, 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)
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JEFFERSON CITY, Mo. -- Exchange National Bancshares, Inc. (NASDAQ: EXJF) of Jefferson City, MO, announced today for the year ended December 31, 2005, Exchange National Bancshares, Inc. earned $2.36 per diluted share, up 19.2% from diluted earnings of $1.98 per share a year earlier. Net income for the year ended December 31, 2005, of $9,915,000 increased $1,610,000 when compared to the year ended 2004.
In commenting on earnings, James E. Smith, Chairman and CEO, said: "We had a strong year in 2005. On May 2, 2005, we completed the purchase of Bank 10 of Belton, MO, and that purchase enhanced our already strong balance sheet position by providing $157 million in ...