Frederick County Bancorp, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018
January 18, 2019 at 09:55 am EST
Frederick County Bancorp, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company reported total interest income of $4,391,000 against $3,843,000 a year ago. Net interest income was $3,616,000 against $3,347,000 a year ago. Net income was $712,000 against $341,000 a year ago. Basic earnings per share was $0.46 against $0.23 a year ago. Diluted earnings per share was $0.45 against $0.22 a year ago.
For the full year, the company reported total interest income of $17,031,000 against $15,109,000 a year ago. Net interest income was $14,252,000 against $13,320,000 a year ago. Net income was $2,961,000 against $2,050,000 a year ago. Basic earnings per share was $1.95 against $1.37 a year ago. Diluted earnings per share was $1.88 against $1.32 a year ago.