Latest Breaking News On - Midcoast community bancorp inc - Page 1 : comparemela.com
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MANSFIELD, Pa., April 23, 2021 /PRNewswire/ Citizens Financial Services, Inc. (OTC Pink: CZFS), parent company of First Citizens Community Bank, released today its unaudited consolidated financial results for the three months ended March 31, 2021.
Highlights
The financial results of the Company continue to benefit from the acquisition of MidCoast Community Bancorp, Inc. that closed in the second quarter of 2020.
Net income was $8.5 million for the three months ended March 31, 2021, which is 86.8% higher than the net income for 2020 s comparable period. The effective tax rate for the three months ended March 31, 2021 was 16.0% compared to 16.4% in the comparable period in 2020.
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