|
|
Article: Centrix Bank Reports Record Assets, Loans and Deposits in Third Quarter 2009.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
CopyrightCOPYRIGHT 2009 NewsRX. 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)
|
Centrix Bank (OTC Bulletin Board: CXBT), a full-service commercial bank offering highly personalized and responsive service to small and medium sized businesses and professionals, municipalities and not-for-profits, announced third quarter 2009 financial results that included the Bank's highest-ever levels of total assets, loans and deposits.
For the quarter ended September 30, 2009, Centrix reported net income available to common shareholders of $617,000 or $0.20 per share (diluted) compared with $926,000 or $0.31 per share (diluted) for the same period the prior year. This decline primarily reflects an increase in the Bank's provision for loan losses and a ...