Article: FIRST WEST VIRGINIA BANCORP, INC. ANNOUNCES THIRD QUARTER 1995 EARNINGS

Bancorp, Inc. (AMEX: FWV) President & CEO, Ronald L. Solomon, today announced third quarter earnings for the Wheeling, West Virginia, based multi-bank holding company.

Net income for the third quarter of 1995 was $418,489 or $.55 per share, an increase of 27.2%, as compared to $328,885 or $.43 per share reported for the third quarter ended September 30, 1994. Mr. Solomon reported that the increase in earnings during the third quarter of 1995 as compared to the same quarter of 1994 was primarily due to increased net interest income. Net interest income increased $166,465 or 13.4%, to $1,409,968 for the third quarter of 1995 as compared to $1,243,503 during the third ...






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