Clarkston Financial Corporation (CKFC) 3.3200

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Clarkston Financial Corporation (CKFC) 3.3200 $CKFC

Clarkston Financial Corporation Reports 2015 Q1 Results
GlobeNewswire - Thu Apr 23, 7:09AM CDT
Clarkston Financial Corporation ("Corporation" (OTCBB:CKFC), the holding company for Clarkston State Bank ("Bank", today reported a net income of $252,000 or $0.08 per share for the three months ended March 31, 2015, compared to net income of $280,000 or $0.09 per share for the three months ended March 31, 2014. During the first quarter the Corporation returned to booking a provision for income taxes. The pre-tax net income was $382,000 for the quarter ended March 31, 2015. This represents an increase of $102,000 or 36.43% in pre-tax income year over year.

Clarkston Financial Corporation Reports 2014 Results
GlobeNewswire - Tue Feb 10, 3:19PM CST
Clarkston Financial Corporation ("Corporation" (OTCBB:CKFC), the holding company for Clarkston State Bank ("Bank", today reported net income of $926,000 or $0.29 per share for the three months ended December 31, 2014, compared to net income of $5,016,000 or $1.55 per share for the three months ended December 31, 2013. For the twelve months ended December 31, 2014, the corporation reported net income of $1,736,000 or $0.59 per share compared to a net income of $5,502,000 or $1.70 per share for the same period in 2013. The decrease in earnings year over year is directly attributable to the tax effects of reversing the valuation allowance against the deferred tax asset made in 2013 and 2014. Pretax net income for the twelve months ended December 31, 2014 was $1,078,000 compared to $945,000 for December 31, 2013. This represents a year over year increase of $133,000 or 14.07% in pretax income for the Corporation.

Clarkston State Bank Ranked as #3 Top Community Bank by American Banker Magazine
GlobeNewswire - Tue Aug 05, 11:01AM CDT
Clarkston State Bank (OTCBB:CKFC) has been recognized as the #3 Community Bank in the United States by the nationally-recognized American Banker Magazine.

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