TGR Financial, Inc. Announces Earnings Results for the Fourth Quarter and Year Ended December 31, 2016
TGR Financial, Inc. announced earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company has reported net income of $1.49 million, or $0.08 per share, compared to $1.48 million, or $0.08 per share, for the same quarter ended December 31, 2015. Net interest income was $8.90 million, compared to $8.10 million for the same quarter ended December 31, 2015.
Net income for the year ended December 31, 2016 was $5.70 million, or $0.30 per diluted share, compared to $4.68 million, or $0.25 per diluted share, for the year ended December 31, 2015. Net interest income was $34.09 million, compared to $29.84 million for the year ended December 31, 2015.