Presidio Bank Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015
For the nine months, the company reported net interest income of $14.470 million against $13.791 million a year ago. Net income before taxes was $3.160 million against $4.123 million a year ago. Net income to common shareholders was $1.435 million or $0.29 per diluted share against $2.150 million or $0.48 per diluted share a year ago. Return on average assets was 0.44% against 0.68% a year ago. Return on average common equity was 4.11% against 7.37% a year ago.