{"id":28304,"date":"2014-08-13T13:53:46","date_gmt":"2014-08-13T17:53:46","guid":{"rendered":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2014\/08\/arrow-financial-corp-earnings-and-income.html"},"modified":"2014-08-13T13:53:46","modified_gmt":"2014-08-13T17:53:46","slug":"arrow-financial-corp-earnings-and-income","status":"publish","type":"post","link":"https:\/\/www.glensfalls.com\/glensfallsbusinessjournal\/2014\/08\/arrow-financial-corp-earnings-and-income\/","title":{"rendered":"Arrow Financial Corp. Earnings And Income"},"content":{"rendered":"
Arrow Financial Corp. announced
\noperating results for the three- and six-month
\nperiods ended June 30, showing a
\nnet income for the second quarter of 2014
\nof $5.5 million, an increase of $317,000,
\nor 6.1 percent, from net income of $5.2
\nmillion for the second quarter of 2013.<\/p>\n
Officials said diluted earnings per
\nshare for the quarter was $0.45, a 7.1
\npercent increase from the comparable
\n2013 quarter, when it was $0.42. Return on
\naverage assets for the 2014 second quarter
\nwas 1.01 percent, and return on average
\nequity for the 2014 second quarter was
\n11.28 percent.<\/p>\n
Net income for the first six months of
\n2014 was $10.8 million, an increase of
\n$456,000 or 4.4 percent, from net income
\nof $10.4 million for the first six months
\nof 2013. Diluted EPS for the six-month
\nperiod was $0.88, a 3.5 percent increase
\nfrom the comparable 2013 period, when
\ndiluted EPS was $0.85.<\/p>\n","protected":false},"excerpt":{"rendered":"
Arrow Financial Corp. announced operating results for the three- and six-month periods ended June 30, showing a net income for the second quarter of 2014 of $5.5 million, an increase of $317,000, or 6.1 percent, from net income of…<\/p>\n","protected":false},"author":88,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[65,84],"yoast_head":"\r\n