JONESTOWN, Pa., Oct. 14, 2022 (GLOBE NEWSWIRE) — JBT Bancorp, Inc. (JBTC) reported year-to-date earnings of $5,833,000 as of September 30, 2022. This is up 21.02% from $4,820,000 within the prior 12 months. Earnings per share had been $2.40, up 21.21% from $1.98 in 2021. “We have been very pleased with our loan growth this year, particularly as rates have risen. Our earnings have been positively influenced by our strong net interest income performance. We are anticipating further rate increases and given the reduction of liquidity on many bank balance sheets, we expect greater pressure on our margin in the fourth quarter.” stated President & CEO, Troy A. Peters.
More data is accessible within the quarterly shareholder letter discovered on the Investors Relations tab of jbt.financial institution.
Contact: Andrea Shetterly, EAA
[email protected] institution
Jonestown Bank & Trust Co.
2 West Market Street
Jonestown, PA 17038-0717
Phone: 717-865-4246