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Information Articles for the Clarksville TN and Montgomery County Tennessee area

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Information Articles for the Clarksville TN and Montgomery County Tennessee area

First Advantage Bancorp releases 2014 Earnings statement

February 14, 2015

First Advantage BancorpClarksville, TN – First Advantage Bancorp (OTCQX: FABK), the holding company of First Advantage Bank, announced net income of $3.252 million for the year ended December 31st, 2014, up 6.0% from $3.068 million in 2013. Basic and diluted earnings per share were $0.86 and $0.80, respectively, compared to $0.78 and $0.73, respectively, in 2013.

Net income for the fourth quarter 2014 was approximately $1 million compared to $1.2 million for the fourth quarter of 2013. The decrease in net income was primarily attributed to lower mortgage-related fee income. [Read more]

 
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