Jeffersonville Bancorp Announces Second Quarter Earnings of $3,290,000 or $0.78 per share; Declares Dividend of $0.15

JEFFERSONVILLE, N.Y., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Jeffersonville Bancorp, Inc. (OTCQB - JFBC) announced today second quarter net income of $3,290,000 or $0.78 per share compared to $3,031,000 or $0.72 per share for the same quarter in 2024. The increase in quarterly net income compared to 2024 of $259,000 was primarily attributable to a decrease in interest expense of $589,000, an increase in loan interest and fees of $533,000, and a decrease in non-interest expense of $172,000. The increase was partially offset by a decrease in securities and other interest income of $525,000, a decrease in non-interest income of $432,000 attributable to Bank Owned Life Insurance proceeds of $453,000 received in the same period in 2024, an increase in tax expense of $52,000, and an increase in provision for credit losses of ...