The parent company of Britton & Koontz bank reported second quarter earnings were down 10.6% from last year, which it blames on a special FDIC assessment and higher provisions for loan losses. The Mississippi-based bank says it earned $757,788, or 36 cents per diluted share, in the second quarter, compared with $848,223, or 40 cents per diluted share, in the second quarter of 2008. Interest and non-interest income was down 5%, from $6.31 million in the second quarter of 2008 to $5.97 million.
Britton Koontz reports earnings drop
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
