This Week
  • RMSC might help bring the passenger pigeon back from extinction.

  • Bradley Flower of RYP helps set the vision for Rochester's renaissance.

  • For Workinman Interactive founder and CEO Jason Arena, business is fun and games.

  • The Rochester area is catching up to the nationwide trend of mixed-use development.

  • Real Lease Inc. leases equipment to a range of entities.

  • The Schools Report Card has rankings for 27 districts and more than 250 schools.

Fairport Savings Bank parent sees net income jump

Rochester Business Journal
May 5, 2014

The mid-tier stock holding company for Fairport Savings Bank reported a jump in first-quarter net income.

FSB Community Bankshares Inc. reported earnings of $79,000, or a nickel a share, compared with net income of $7,000, or 0 cents a share, in the first quarter 2013.

The increase was driven by an 18 percent spike in net interest income, to $1.67 million in the most recent quarter, the bank reported last week.

Fairport Savings Bank ranks 13th in the Rochester market with local deposits of $314.6 million, data from the Federal Deposit Insurance Corp. shows.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google