Latest Town Country Finl (TWCF) Headlines Town a
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Town and Country Financial Corporation Reports Fourth-Quarter and Full-Year results amidst record loan growth
PR Newswire - Mon Feb 10, 10:01AM CST
Town and Country Financial Corporation (TWCF) reported fourth-quarter net income of $968 thousand, up 19% compared to $816 thousand in the fourth quarter of 2012. Net income available to common shareholders was $0.34 per share compared to $0.29 per share in the year-ago period. Net interest income increased 11% on average net loan growth of 15% compared to the year-ago quarter. Operating expenses declined 11% while noninterest income declined 24%, both results driven by a decrease in mortgage loans processed.
Town and Country Financial Corporation Reports Third-Quarter 2013 Net Income of $714 thousand on revenue of $5.4 million
PR Newswire - Wed Nov 13, 5:48PM CST
Town and Country Financial Corporation (TWCF) reported third-quarter net income of $714 thousand compared to $825 thousand in the third quarter of 2012. Net income available to common shareholders was $0.25 per share compared to $0.29 per share in the year-ago period. Net interest income increased by 9% on loan growth of 15%, as compared to the year-ago quarter, while expenses declined by 10%. Noninterest income, however, was down 37% driven by a decrease in mortgage banking activities.
Town and Country Financial Corporation Reports Second-Quarter 2013 Net Income of $710 thousand on revenue of $5.8 million
PR Newswire - Tue Aug 06, 6:49PM CDT
Town and Country Financial Corporation (TWCF) reported second-quarter net income of $710 thousand compared to $693 thousand in the second quarter of 2012. Net income available to common shareholders was $0.25 per share compared to $0.24 per share in the year-ago period. The current quarter's net income included a gain of $0.05 per share from the sale of securities compared to $0.02 in the year ago quarter while quarter-over-quarter income earned on mortgage activities declined by $0.02 per share.
Town and Country Financial Corporation Reports First-Quarter 2013 Net Income of $686 thousand on revenue of $5.5 million
PR Newswire - Mon Apr 29, 2:01PM CDT
Town and Country Financial Corporation (OTC BB: TWCF) reported first-quarter net income of $686 thousand compared to $675 thousand in the first quarter of 2012. Net income available to common shareholders was $0.24 per share, up 5.8% compared to $0.23 per share earned in the first quarter of 2012. The first quarter of 2013 included a gain of $0.06 per share from the sale of securities compared to no gain in 2012, while net income from mortgage banking operations was $0.07 below the year-ago quarter.
Town and Country Financial Corporation Reports Record 2012 Results and Declares Quarterly Dividend
PR Newswire - Sat Feb 02, 11:13AM CST
Town and Country Financial Corporation (TWCF) reported 2012 net income of $3.0 million, or $1.08 per share, on record recurring revenue of $22.4 million. Excluding security gains and losses, 2012 was a record year for profitability. Mortgage lending originations of $223 million were up 63% as compared to the year-ago while business loan balances increased to $209 million, up 12.4%. Trust revenues grew 27% as managed assets grew by 38%.