Welcome to our dedicated page for Jeffersonvi Ord news (Ticker: JFBC), a resource for investors and traders seeking the latest updates and insights on Jeffersonvi Ord stock.
Jeffersonville Bancorp reports news as a one-bank holding company that owns Jeff Bank, a community bank with full-service branches in Sullivan and Orange County, New York. Company updates center on quarterly and annual earnings, common-stock dividend declarations, special cash dividends, and operating trends in Jeff Bank's loan interest and fees, securities income, funding costs, non-interest expense, tax expense, and credit-loss provision.
Recurring announcements also describe balance-sheet and capital themes, including core funding costs, liquidity, loan growth, securities runoff, and capital strength. Other company news may cover leadership changes within Jeff Bank's retail banking and branch operations.
Jeffersonville Bancorp (OTCQB - JFBC) reported a Q4 2020 net income of $1.204 million or $0.28 per share, showing an increase from $1.045 million or $0.25 per share in Q4 2019. This growth was driven by lower provisions for loan losses, reduced tax expenses, and increases in securities income. However, annual net income fell to $4.810 million from $6.506 million in 2019, primarily due to declines in loan interest and non-interest income. The board declared a quarterly dividend of $0.15 per share, payable March 2, 2021.