For the full-year period of 2007, net earnings were $12.3 million, an increase of 3.7%, compared to the full-year period of 2006. Diluted earnings per share were $2.31, an increase of 20 cents, or 9.5% for the full-year period of 2007, compared to $2.11 for the full-year period of 2006.
Russell Colombo, president and CEO, said: One of the bank’s most notable strengths is our excellent credit quality. Our solid and consistent underwriting standards combined with significant liquidity have allowed us to continue to support our customer base and build market share.
