SVB&T Corporation Reports Full Year 2015 Earnings

svbt corpJASPER (From Sources) – SVB&T Corporation, parent company of Springs Valley Bank & Trust Company, has announced annual unaudited earnings of $2.6 Million (or $4.58 earnings per share), which compares favorably in total dollars to $2.5 Million in 2014, $2.4 Million in 2013, and $2.3 Million in 2012. This translates to a Return on Average Assets (ROAA) of 0.89%.

Total assets increased $48 Million to $321 Million at December 31, 2015 compared to December 31, 2014 assets of $273 Million. Total deposits increased $29 Million to $240 Million at December 31, 2015, from $211 Million at December 31, 2014.

SVB&T Corporation paid a dividend for the year ending 2015 of $0.65 per share, representing a 1.55% yield based upon the December 31, 2014 year-end stock value of $42.00.

SVB&T Corporation has recorded five consecutive years of financial performance with an average ROAA of 0.91%. This is approximately 154% of its 20 year historical average ROAA performance, ending in 2010 with an ROAA of 0.59%.

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