Reports Q4 tangible book value per share $11.78. Reports Q4 CET1 capital ratio 11.79%. Reports Q4 net charge-offs .02%. Joseph Casey, president and CEO commented on the results, “I am proud of our team’s efforts in continuing to grow our relationship banking model in 2024. The fourth quarter was our strongest of the year, with continued growth in deposits at reduced interest rates, $1.1 million of net income from our mortgage segment, and insignificant net charge offs. We are looking forward to carrying the positive momentum into 2025.”
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