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Article: Hawthorn Bancshares Announces Earnings.
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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Hawthorn Bancshares Inc. (NASDAQ: HWBK), reported consolidated financial results for the Company, including its main operating subsidiary, Hawthorn Bank, for the third quarter ended September 30.
Consolidated net income was $1.9 million and $4.2 million for the three months and nine months ended September 30, 2009, respectively. This compares with net income of $2.0 million and $4.4 million for the third quarter and nine months of 2008, respectively.
After deducting quarterly dividends of $0.5 million on the preferred stock issued to the U.S. Treasury under the Capital Purchase Program in December 2008, Hawthorn earned $0.33 per diluted common share for ...