This Week
  • The new Golisano Children's Hospital will be dedicated next week.

  • Citizens Bank leader outlines plans in visit.

  • The last six years have brought quite a transformation to Mirror Show Management.

  • For Christopher Thorpe of Darien Lake Theme & Water Park Resort, work is about having fun.

  • Local banks are getting ready to migrate to the global standard for secure payments.

  • Aprille Byam launched StoryChick to help people begin conversations.

Bank of the Finger Lakes net income rebounds in Q2

Rochester Business Journal
July 9, 2014

The parent of the Bank of the Finger Lakes in Ontario County reported a 39 percent increase in net income for the second quarter, rebounding from a 24 percent drop during the first three months of 2014.

USNY Bank, the Geneva-based holding company for the Bank of the Finger Lakes and the Bank of Cooperstown, this week reported net income of $737,742 for the quarter ended June 30, up from $530,063 in the first quarter.

“We generated record quarterly earnings and achieved another important milestone when we exceeded $200 million in total assets late this past quarter,” President and CEO Michael Briggs said in a statement released Tuesday.

Assets totaled $200.8 million on June 30, the bank reported.

(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