Cardinal Bankshares Corporation Reports Results for the Quarter ended March 31, 2014
PR Newswire - Tue Apr 22, 8:27PM CDT
Cardinal Bankshares Corporation (OTC: CDBK), parent company of Bank of Floyd, announced today its consolidated financial results for the first quarter of 2014 and reported net income of $87 thousand, or $0.06 per share versus $130 thousand, or $0.08 per share for the same quarter in 2013. The Company's net income for the three-month period produced an annualized return on average assets of 0.13% and an annualized return on average equity of 1.93% as compared to 0.19% and 1.74% for these measures in the same period last year.
Cardinal Bankshares Corporation Reports Results For the Quarter ended September 30, 2013
PR Newswire - Fri Nov 22, 3:00PM CST
Cardinal Bankshares Corporation (OTC: CDBK), parent company of Bank of Floyd, announced today its consolidated financial results for the third quarter of 2013 and reported a net loss of $1.3 million, or $0.88 per share, for the quarter. The quarterly net loss represents an increase from the net loss of $841 thousand, or $0.55 per share, reported for the quarter ended September 30, 2012. However, the Company's net loss for the nine-month period ended at that date of $1.4 million represents a $2.4 million improvement from the net loss of $3.8 million incurred for the comparable period of 2012.
Cardinal Bankshares Corporation Reports Results for the Quarter ended June 30, 2013
PR Newswire - Mon Aug 05, 6:41PM CDT
Cardinal Bankshares Corporation (OTC: CDBK), parent company of Bank of Floyd, announced today its consolidated financial results for the second quarter of 2013 and reported a net loss of $173 thousand, or $0.11 per share, for the quarter. The quarterly results represent an improvement from the net loss of $3.3 million, or $2.13 per share, reported for the quarter ended June 30, 2012. The Company's net loss for the three-month period produced an annualized net loss on average total assets of (0.25) % and an annualized net loss on average stockholders' equity of (2.50) % as compared to (2.30) % and (18.22) % for these measures in the same period last year.