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Indiana Business Bancorp Reports Third Quarter Results of Operations

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Indiana Business Bancorp Reports Third Quarter Results of Operations
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INDIANAPOLIS--(EON: Enhanced Online News)--Indiana Business Bancorp (OTCBB:IBBI), the holding company for Indiana Business Bank, announced results for the three months ended September 30, 2011. The Company recorded a profit of $135,136, or $.09 per share for the quarter. This compares to a net loss of ($347,888) or ($.23) per share for the quarter ended September 30, 2010. This improvement is attributable to increased non-interest income, lower provision expense, and lower non-interest expense.





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posted:
11/18/2011
language:
English
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3
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