Perpetual Federal announces operating results

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Perpetual Federal Savings Bank of Urbana reported fiscal second quarter net income of $1.3 million, or basic and diluted earnings per share of $0.51, for the quarter ended March 31, 2017, compared to net income of $1.3 million, or basic and diluted earnings per share of $0.52 for the quarter ended March 31, 2016. For the six months ended March 31, 2017, the bank reported $2.5 million of net income, or $1.03 per share of basic and diluted earnings, compared to $2.5 million of net income, or $1 per share of basic and diluted earnings for the six months ended March 31, 2016.

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Submitted by Perpetual Federal Savings Bank.

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