Skip to main content

JBTC Announces 4th Quarter 2024 Earnings

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

JONESTOWN, Pa., Jan. 15, 2025 (GLOBE NEWSWIRE) — JBT Bancorp, Inc. (OTCQX: JBTC) reported quarterly earnings of $1,775,000 with earnings per share of $0.73. Earnings were down 14.38% compared to the final quarter of 2023 as there was a corresponding $482,000 increase in credit loss expense. Full-year unaudited earnings were $7,555,000 with earnings per share of $3.10. Earnings fell 3.05% from $7,793,000 and earnings per share were down from $3.20 in the prior year.   

President & CEO, Troy A. Peters, commented, “We are proud of our growth this past year, particular in attracting core deposits and surpassing the $950 million asset mark. Growth, in the short-term, requires provisioning expense which increased by 44.81% over the prior year. Our margin performance was also strong against the rate cuts in the fourth quarter.”

More information can be found at OTC Markets at www.otcmarkets.com/stock/JBTC/overview.

Contact: Andrea Shetterly, EAA
ashetterly@jbt.bank
Jonestown Bank & Trust Co.
2 West Market Street
Jonestown, PA 17038-0717
Phone: 717-865-4246

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.