SVB&T sees earnings decrease in 1st quarter

From Local Sources

JASPER — SVB&T Corporation, parent company of Springs Valley Bank & Trust Company, announced unaudited earnings for the three months that ended March 31, 2019, of $683,000 or $1.22 earnings per share, a 34.41% decrease compared to the first quarter of 2018.

First-quarter earnings compare unfavorably in total dollars to 2018 earnings of $1 million.

See the full financial report at ir.svbt.com.




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