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Corporate Earnings
Centier's earnings up 25 percent
Merrillville-based Centier Bank said its first quarter profit was up 24.6 percent to $7.1 million, according to a news release issued Tuesday.
Citizens Financial Bank parent triples 3Q profit
Net income for the parent of Citizens Financial Bank rose threefold in the third quarter as improving credit quality helped the institution reduce funds set aside to cover bad loans.
Centier's 3Q bank earnings on the rise
Merrillville-based Centier Bank said its third quarter profit was up 44 percent to $7.2 million, according to a news release issued Tuesday.
Horizon Bancorp profit up 42% in third quarter
Profit for Horizon Bank's corporate parent rose 42 percent in the third quarter as the bank said it was able to boost revenue organically and as a result of an acquisition.
Peoples Bank parent doubles third quarter profit
Net income for NorthWest Indiana Bancorp doubled in the third quarter as income from loans and foreclosed real estate sales helped boost earnings.
U.S. Steel eyes progress on NWI projects
August will be an important month for U.S. Steel as it plans and continues work on critical projects at its Northwest Indiana facilities.
Second quarter profit slightly higher for Citizens
CFS Bancorp Inc., the parent company for Citizens Financial Bank, said its second quarter net income rose 10 percent as it made progress in boosting revenue and reducing expenses.
Centier doubles profit in 2Q
Centier Bank doubled its net income in the second quarter as the institution sharply reduced the amount of money it set aside to cover bad loans.
Horizon nets quarterly profit record – again
The Michigan City-based parent of Horizon Bank said Wednesday its net income was up 59 percent to $4.9 million in the second quarter.
Horizon nabs another record quarterly profit
Horizon Bancorp said Thursday the profit earned in the first three months of this year was the highest quarterly total since the institution opened in 1873.
Higher confidence levels boost Horizon earnings
Net income for Horizon Bancorp rose 23 percent in the fourth quarter as the financial institution earned more money from loans and reduced its provision for loan losses.
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