Inc., reported take home return of $2.2 million for 2008, up 10 percent from the $2 million in final takings reported in 2007. Earnings per quota were $2.98 for the year, up 11 percent from $2.69 per share out in 2007. Ballston Spa Bancorp Inc., which is the stepmother body of , said it had incisive commercial allowance growth, increased ensnare interest income and improved loss and efficiency measures which contributed to the improved earnings. "In 2008, we well-known our 170th year of action as a community bank and reported the highest smooth of strainer income in the company's history," said Christopher Dowd, Ballston Spa Bancorp's president and CEO.
Wednesday, April 15, 2009
"In 2008, we eminent our 170th year of managing as a community bank and reported the highest prone of reticulum income in the company's history, Loan.
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