Integra Improves, Despite Decline Earnings Down, but Results Please Officials

Summary


A flat-yield curve and $700,000 in increased income tax expenses contributed to a decline in earnings from a year ago for Integra Bank, the company reported Monday.

The Evansville-based bank reported net-income earnings of $6.9 million for the quarter ending Dec. 31. That was a decline of 3.2 percent from earnings of $7.1 million in the year-ago quarter.

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Integra Improves, Despite Decline Earnings Down, but Results Please Officials

The earnings amounted to 39 cents per share, or 2 cents per share less than a year ago, the company said.

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