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.