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Article: Clarkston Financial Corp. Reports Q2 and 6-Month Results.
- Article from:
- PR Newswire
- Article date:
- July 29, 2009
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CLARKSTON, Mich., July 29 /PRNewswire-FirstCall/ -- Clarkston Financial Corporation (BULLETIN BOARD: CKFC) , the holding company for Clarkston State Bank, today reported operating results for the three months and six months ended June 30, 2009.
Q2 Results
Total revenues -- net interest income plus noninterest income -- for the second quarter of 2009 were $1,176,000, reflecting lower net interest income and noninterest income, more than offset by lower operating expenses from successful cost cutting, which were $1,382,000. This compares with total revenues and expenses of $1,364,000 and $1,633,000, respectively for Q2-2008. The current-year results ...