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Stock impact report

Muncy Columbia Financial Corporation Reports First Quarter 2024 Earnings

CCFNB BANCORP INC (CCFN) 
Company Research Source: Business Wire
BLOOMSBURG, Pa.--(BUSINESS WIRE)--Muncy Columbia Financial Corporation (“Corporation”) (OTCQX: CCFN), parent company of Journey Bank (“Bank”), has released its unaudited financial statements for the first quarter of 2024.Unaudited Financial InformationNet income, as reported under accounting principles generally accepted in the United States of America (“GAAP”), for the quarter-ended March 31, 2024, was $4,036,000 compared to net income of $1,940,000 for the same period in 2023. Earnings per share, basic and diluted, for the quarters-ended March 31, 2024 and 2023 were $1.13 and $0.93, respectively. Return on average assets and return on average equity were 1.02% and 10.52% for the quarter-ended March 31, 2024 as compared to 0.82% and 8.94% for the same period of 2023.The fully-tax equivalent net interest margin on interest earning assets and liabilities was 3.32% and 2.41% at March 31, 2024 and 2023, respectively.Total consolidated assets amounted to $1,573,271,000 at March 31, 20 Show less Read more
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