Lyons Bancorp Reports Increase in Earnings and Change in Holding Company Status
Auburn, NY: The Lyons National Bank (LNB) celebrated their recent groundbreaking at the site of their new full-service branch at 311 Grant Avenue Road in Auburn, on Thursday, July 6, 2017.
Lyons Bancorp, Inc. the parent company of The Lyons National Bank, reported net after-tax income of $1.9 million or $0.62 per common share for the three months ended June 30, 2017, a 5% increase from the first quarter of 2017.
The Board of Directors of Lyons Bancorp, Inc., the parent company of The Lyons National Bank, declared second quarter cash dividends for both its convertible preferred and common stock issues.
Lyons Bancorp, Inc., the holding company for The Lyons National Bank, reported that net after-tax income for the first quarter of 2017 was $1.9 million, an increase of 6.2% over the first quarter of 2016.