Net interest income was $13.4 million, representing an increase of $1.8 million for the full-year period of 2007, compared to $11.6 million for the full-year period of 2006.
Paul Tobias, chairman and CEO, said: In 2007, the corporation continued to make progress generating core earnings in an increasingly difficult banking environment. While we are pleased with our loan growth and credit quality, we are not yet satisfied with our level of earnings.
