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Centric Financial Corporation Announces Second Quarter 2021 Earnings
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Centric Financial Corporation Announces Second Quarter 2021 Earnings
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Centric Financial Corporation Announces Second Quarter 2021 Earnings
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Centric Bank Named to American Banker s Top 200 Community Banks in the U S
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Centric Financial Corporation Announces Record Breaking First Quarter 2021 Earnings
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HARRISBURG, Pa., May 7, 2021 /PRNewswire/ Centric Financial Corporation ( Centric or the Company ) (OTC: CFCX), the parent company of Centric Bank ( the Bank ), announced earnings and financial results for the first quarter 2021. Net income for the quarter ending March 31, 2021 totaled $3.6 million, or $0.43, per basic and diluted share, a record high level of quarterly earnings.
Highlights of Performance:
Net income increased $2.1 million, or 136%, over first quarter 2020, an increase of $0.26 per basic and diluted share due to reduced funding costs and recognition of $1.9 million in deferred fees.