Reports Q2 provision for loan losses $861,000 vs $620,000 in the previous quarter. “Our Q2 earnings were impacted by increased rate pressure on deposits and our decision to hold more of our newly originated leases on the balance sheet. Despite this, we continue to post strong profits and our earnings per share has increased 32% when compared to the same period a year ago”, said Dennis G. Shaffer, CEO and President of Civista.
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Read More on CIVB:
- Civista Bancshares, Inc. Announces Second Quarter 2023 Financial Results
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- Civista Bancshares (CIVB) Q2 Earnings Cheat Sheet
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