Harleysville National reports net loss in Q3
Nov 02, 2009 (Datamonitor via COMTEX) --
Companies: Harleysville National Corporation (HNBC), Trust Co Ltd (TCNYF)
Harleysville National, the parent bank holding company of Harleysville National Bank and Trust Company, has reported a net loss of $4.4 million, or $0.10 per share, for the third quarter ended September 30, 2009, compared to a net income of $6.6 million, or $0.21 per share, for the third quarter ended September 30, 2008.
Net interest income was $31.44 million for the third quarter of 2009, compared with $25.3 million for the third quarter of 2008.
For the first nine months ended September 30, 2009, net loss was $222.3 million, or $5.16 per diluted share, compared to a net income of $21.3 million, or $0.67 per diluted share, for the first nine months ended September 30, 2008.
Net interest income for the first nine-month period of 2009 increased to $100.19 million from $74.69 million for the first nine months of 2008.
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Companies: Harleysville National Corporation (HNBC), Trust Co Ltd (TCNYF)
Related terms: bank
