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Peoples Bancorp Reports Third Quarter Earnings

Jul 21, 2008
Story Timeline:  83 days

AUBURN, Ind., July 21, 2008 (PRIME NEWSWIRE) -- Peoples Bancorp (Pink Sheets:PBNI) reported net income for the third quarter ended June 30, 2008, of $945,221 versus $717,464 during the same quarter last year. Third quarter earnings per share was $0.33 per share compared to $0.23 per share for the same period one year ago. Peoples Bancorp reported net income for the nine months ending June 30, 2008, of $2,519,631 versus $2,031,190 during the same quarter last year. For the nine months ending June 30, 2008 earnings per share was $0.84 compared to $0.64 per share for the same period one year ago. Peoples reported total assets on June 30, 2008, of $451,380,530 a decrease of $17.8 million from September 30, 2007. Loans decreased during the nine months ended June 30, 2008 $20.6 million from September 30, 2007 to $327,591,934.... [read full story]                    

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