Elmer Bancorp, Inc. Announces Second Consecutive Year of Record Earnings, Fourth Quarter and 2023 Annual Financial Results
ELMER BANCORP INC (ELMA)
NASDAQ:AMEX Investor Relations:
otcmarkets.com/stock/elma/profile
Company Research
Source: Business Wire
ELMER, N.J.--(BUSINESS WIRE)--ELMER BANCORP, INC. (“Elmer Bancorp” or the “Company”) (OTC Pink: ELMA), the parent company of The First National Bank of Elmer (the “Bank”), announces its operating results for the fourth quarter and full year ended December 31, 2023.For the three months ended December 31, 2023, Elmer Bancorp reported net income of $638,000, or $0.56 per common share compared to $1.025 million, or $0.89 per common share for the quarter ended December 31, 2022. For the twelve months ended December 31, 2023, net income totaled $3.181 million, or $2.77 per common share compared to $2.604 million, or $2.26 per common share for the twelve months ended December 31, 2022.Net interest income for the three months ended December 31, 2023 totaled $3.776 million, an increase of $56,000 from the three months ended December 31, 2022 total of $3.720 million. For the twelve months ended December 31, 2023, net interest income totaled $14.996 million, an increase of $2.201 million fro
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