SVB&T reports second quarter earnings

From Local Sources

JASPER — SVB&T Corporation, the parent company of Springs Valley Bank & Trust Company, announced Friday unaudited net income of $1.7 million, or $2.99 earnings per share, for the six months that ended June 30.

The reported earnings per share is a 24.69% decrease over the same period in 2018. This also compares unfavorably in total dollars to $2.2 million of net income over the same period in 2018.

See SVB&T’s full financial report here.

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