Business NewsMarketWire • Greater Hudson Bank Reports Increased Earnings for the 2016 First Quarter

Greater Hudson Bank Reports Increased Earnings for the 2016 First Quarter

Greater Hudson Bank Reports Increased Earnings for the 2016 First Quarter

BARDONIA, NY--(Marketwired - April 25, 2016) - Greater Hudson Bank (the "Bank") (OTCQX: GHDS), with assets of $437.7 million, today reported net income of $930,000 or $0.09 per common share for the first quarter of 2016 compared to $828,000 or $0.08 per common share for the 2015 first quarter. Return on average common stockholders' equity was 8.14 percent for the three months ended March 31, 2016 compared to 8.07 percent for the three months ended March 31, 2015.

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