For the full-year period of 2007, net earnings reached $6.9 million, or $3.87 per share, an increase of 8.7%, compared to $6.35 million, or $3.43 per share for the full-year period of 2006.
William Farber, Sr, president and CEO, said: Our two foremost goals for 2007 involved effectively managing earning assets and interest-bearing liabilities in order to maintain a favorable interest rate risk position and implementing new products and services to build and strengthen our core deposit base.
