Burke & Herbert Bank's Third Quarter 2012 Earnings Report Is Available
Alexandria, VA – In the third quarter of 2012, Burke & Herbert Bank continued to produce strong financial results, with year-to-date earnings ahead of last year's record pace.
For the quarter, the Bank posted earnings of $8.9 million, boosting year-to-date earnings to $26.8 million. That is 3% ahead of the same period a year ago, and it marks the Bank's fourth consecutive year with record earnings.
Earnings benefited from declining interest expense, strong growth in non-interest income, increased mortgage volume and revenue from our new Wealth Management business.
To read the results in detail, download a copy of our Third Quarter 2012 Earnings Report.
Trust products and services are not deposits, are not insured by the FDIC or any other government agency, are not guaranteed by the Bank and may lose value.