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Article: Exchange National Bancshares Announces 1st Quarter Earnings of $0.64 Per Diluted Share.
- Article from:
- Business Wire
- Article date:
- May 1, 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 (NASDAQ: EXJF) of Jefferson City, MO, a financial services company, announced today first quarter earnings of $0.64 per diluted share, up 21 from diluted earnings per share of $0.53 a year ago.
Net income for the 3 months ended March 30, 2006, of $2,689,000 increased $451,000 when compared to the first quarter of 2005.
Exchange completed its acquisition of Bank 10 of Belton on May 2, 2005, and Bank 10 results of operations for this acquisition have been included in Exchange's consolidated net income since that date.
In commenting on earnings performance, Chairman & CEO James E. Smith said: "We ...