Earnings per diluted share of $0.36 for the third quarter of 2023
163 consecutive quarters of profitability
Purchased hedges to improve asset sensitivity
Additional FHLB borrowing capacity.
Third Quarter 2023 Highlights
Annualized return on average assets of 0.85%, compared to 0.88% for the second quarter of 2023.
Annualized return on average shareholders’ equity of 9.23%,.
Third Quarter Highlights Net income of $19.7 million, or $0.62 per diluted share; return on average assets of 1.58%; return on average stockholders equity of 17.02%; and return on average.
Middlefield Banc Corp Reports 2023 Nine-Month Financial Results streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.