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Tri-County Financial Group, Inc. Reports First Quarter 2021 Financial Results


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MENDOTA, Ill., April 28, 2021 /PRNewswire/  Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the first quarter of 2021.
Net income for the first quarter of 2021 was $3.6 million ($1.47 per share), compared to $3.2 million ($1.30 per share) during the first quarter of 2020.
Net interest income was $10.2 million during the three months ended March 31, 2021, compared to $8.7 million for the three months ended March 31, 2020, an increase of 17%. The net interest margin was 3.65% in 2021, and 3.30% in 2020.
Noninterest income was $6.0 million for the three months ended March 31, 2021, an increase of $0.6 million, or 11%, compared to $5.4 million during the three months ended March 31, 2020. The increase can be primarily attributed to growth in mortgage banking fees from the prior year. First State Mortgage net income increased by $0.7 million compared to the first quarter of 2 ....

Tim Mcconville , Financial Group Inc , Hf Gehant Bank , First State Bank , Bank Premises Equipment , First State Mortgage , Tri County Financial Group , Estate Mortgage , Fiserv Premier , Paycheck Protection Plan , Chief Executive Officer , County Financial Group , North Aurora , First State , Interest Income After Provision , நேரம் ம்க்காந்‌வில் , நிதி குழு இன்க் , முதல் நிலை வங்கி , வங்கி ப்ரெமிஸஸ் உபகரணங்கள் , முதல் நிலை அடமானம் , திரி கவுண்டி நிதி குழு , நிலை அடமானம் , ஃபிஸர்வ் ப்ரிமியர் , சம்பள காசோலை ப்ரொடெக்ஶந் திட்டம் , தலைமை நிர்வாகி அதிகாரி , கவுண்டி நிதி குழு ,

Tri-County Financial Group, Inc. Reports Fourth Quarter 2020 Financial Results


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MENDOTA, Ill., April 13, 2021 /PRNewswire/ Tri-County Financial Group, Inc. (The Company) (OTCQX: TYFG) today announced financial results for the fourth quarter of 2020.
Net income for the fourth quarter of 2020 was $5.8 million ($2.36 per share), compared to $1.8 million ($0.74 per share) during the fourth quarter of 2019. The Company has experienced record earnings for the twelve months ended December 31, 2020, with net income of $20.1 million, compared to $8.9 million for the twelve months ended December 31, 2019, an increase of $11.3 million or 127%.
Net interest income was $38.8 million during the twelve months ended December 31, 2020, compared to $33.5 million for the twelve months ended December 31, 2019. The net interest margin was 3.31% in 2020, and 3.19% in 2019. ....

Prnewswire Tri , Tim Mcconville , Connie Ganz , Financial Group Inc , First State Bank , Bank Premises Equipment , First State Mortgage , County Financial Group , Estate Mortgage , Paycheck Protection Plan , Chief Executive Officer , North Aurora , First State , Tri County Financial Group , Interest Income After Provision , Senior Vice President , நேரம் ம்க்காந்‌வில் , நிதி குழு இன்க் , முதல் நிலை வங்கி , வங்கி ப்ரெமிஸஸ் உபகரணங்கள் , முதல் நிலை அடமானம் , கவுண்டி நிதி குழு , நிலை அடமானம் , சம்பள காசோலை ப்ரொடெக்ஶந் திட்டம் , தலைமை நிர்வாகி அதிகாரி , வடக்கு அரோரா ,