This Week
  • CEO Eric Bieber M.D. must meld two systems, transition to new model.

  • President Kevin Bragg has built a career with Chrisanntha Construction Corp.

  • Planning can help reduce conflict when the time comes to end a business partnership.

  • Viewpoint Systems has been known to keep a close eye on its customers.

  • Twenty-year-old Jaquan Outlaw is off to a fast start.

  • A recent visit to Ho Chi Minh City in Vietnam was an eye-opener for RIT students.

Bank reports jump in Q3 net income

Rochester Business Journal
October 10, 2013

Net income for USNY Bank, parent of the Bank of the Finger Lakes in Ontario County, increased by 6 percent for the quarter ending Sept. 30, the Geneva-based company reported Thursday.

Net income for the most recent three months was $586,812, up from $551,902 in the third quarter 2012, the bank reported.

Total assets were $170.8 million on Sept. 30, up 17 percent from $145.9 million on Dec. 31, the bank reported.

“We’re continuing to generate consistent asset growth by providing our customers with locally delivered decision-making and quality personal service,” President and CEO Michael Briggs said in a statement.

USNY Bank, an independently owned commercial bank, is the holding company of the Bank of the Finger Lakes in Geneva and the Bank of Cooperstown.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google