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USNY Bank reports rise in Q2 net income

By THOMAS ADAMS - 7/11/2013 4:14:01 PM

USNY Bank Inc., parent of Bank of the Finger Lakes in Geneva, increased its net income by 3.5 percent in the second quarter compared a year ago.

The bank’s income was $559,375 for the quarter ending June 30, up from $540,559 in the second quarter of 2012.

The bank’s assets climbed 12 percent, to $163.4 million by quarter’s end from $145.9 million on Dec. 31, and rose from $151.7 million at the end of the first quarter.

“We’re continuing to generate consistent growth by providing our customers with locally delivered decision-making and quality personal service,” President and CEO Michael Briggs said in a statement released Wednesday.

USNY Bank also is the Geneva-based parent of the Bank of Cooperstown.

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