Denmark Bancshares Inc. Announces Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015
For the six months, the company reported net interest income of $7,454,000 compared to $6,941,000 a year ago. Net income was $1,863,000 or $15.80 per share compared to $1,795,000 or $15.20 per share a year ago. Return on average equity was 6.11% compared to 5.91% a year ago. Return on average assets was 0.86% compared to 0.81% a year ago. As at June 30, 2015, the company's book value per share was $517.25 compared to $518.37 a year ago.