High Country Bancorp Inc. Reports Earnings Results for the Third Quarter Ended March 31, 2019
May 02, 2019 at 03:29 am EDT
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High Country Bancorp Inc. announced earnings results for the third quarter ended March 31, 2019. For the third quarter, the company announced net interest income was USD 3.506 million compared to USD 2.959 million a year ago. Net income was USD 1.084 million compared to USD 780,000 a year ago. Basic earnings per share was USD 1.18 compared to USD 0.85 a year ago. For the nine months, net interest income was USD 10.243 million compared to USD 8.961 million a year ago. Net income was USD 3.107 million compared to USD 1.804 million a year ago. Basic earnings per share was USD 3.37 compared to USD 1.96 a year ago.
High Country Bancorp, Inc. is a bank holding company. The Company has two wholly owned subsidiaries, High Country Bank (the Bank) and B.Ass. Co., Inc. (B.Ass). The Bank is a chartered commercial bank, which provides a variety of financial services for the area it serves. The Bankâs primary deposit products are noninterest-bearing and interest-bearing checking accounts, savings accounts, and time deposit accounts. The Bankâs primary lending products are real estate mortgage, construction, consumer and commercial loans. Deposit accounts of the Bank are insured by the Federal Deposit Insurance Corporation (FDIC) up to certain limitations. The Bank's loan portfolio segments are real estate loans, commercial loans, and consumer and other loans. The Bank pays a premium to the FDIC for the insurance of such deposit accounts. The Bank conducts business through its main office in Salida, Colorado and branch offices in Salida, Buena Vista, Canon City and Longmont, Colorado.
HIGH COUNTRY BANCORP, INC. 
