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Security Bancorp, Inc. - SCYT STOCK NEWS

Welcome to our dedicated news page for Security Bancorp (Ticker: SCYT), a resource for investors and traders seeking the latest updates and insights on Security Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Security Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Security Bancorp's position in the market.

Rhea-AI Summary
Security Bancorp, Inc. announced its consolidated earnings for Q3 2023. Net income was $859,000, or $2.30 per share, compared to $877,000, or $2.34 per share, for the same quarter last year. Net interest income increased by 2.8% to $2.5 million. Non-interest income decreased to $410,000. Non-interest expense was unchanged at $1.7 million. Consolidated assets increased to $307.3 million. Loans receivable, net, increased by 7.1% to $233.0 million. Non-performing assets increased to $432,000. Deposits increased by 11.4% to $274.7 million. Stockholders' equity increased by 7.5% to $29.3 million.
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Security Bancorp, Inc.

OTC:SCYT

SCYT Rankings

SCYT Stock Data

24.65M
258.87k
Savings Institutions
Finance and Insurance
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United States
McMinnville