First National Bank of Mifflintown announces fiscal results from 2012
MIFFLINTOWN – Shareholders of First Community Financial Corporation, the parent company of The First National Bank of Mifflintown, received a report of stable financial growth for 2012 at the annual meeting on April 9.
In 2012, net income was a record $4,532,000. Company assets grew from $387 million to $420,705,000.
Deposits and loans followed divergent paths in 2012, as deposits increased 10.5 percent, climbing by over $34.5 million. The bank serves as the Juniata County deposit market share leader. Return on shareholders equity was 13.6 percent. Dividends increased 30.7 percent.
The bank continues to focus on customer service and profitable growth, while meeting the requirements of increasing regulations, said Scott Fritz, president and CEO of the corporation and bank. The bank also continues to support the communities it serves with both financial and volunteer resources, including agriculture, business and outlook meetings.
The First National Bank of Mifflintown has 12 offices serving Juniata and Perry counties. More information about the bank and stock can be found online at www.fnbmifflintown.com.