IBERIABANKCorp. reported first-quarter net income available to common shareholders of $40.2 million, or 97 cents per share, compared to $25.1 million, or 75 cents per share, a yearago.
The net interest margin at theLafayette, La.-based bank stood at 3.64% at March 31, unchanged from the previousquarter and up 10 basis points from a year earlier.
Theprovision for loan losses was $14.9 million, compared to $11.7 million from theprevious quarter and $5.3 million in the first quarter in 2015.
Duringan earnings call, President and CEO Daryl Byrd discussed changes to the bank'scompensation and corporate governance practices. He said that managementdecided against taking pay increases because of falling share prices fueled bythe company's presence in energy markets.
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LakeSuccess, N.Y.-based AstoriaFinancial Corp. reported first-quarter net income available to common shareholders of $16.4 million, or 16 cents per share, compared to $17.1 million, or 17 cents per share, for the same period in 2015.
Thenet interest margin for the quarter ended March31 was 2.36%, compared to 2.39% for theprevious quarter and 2.34% for the 2015 first quarter.
Netcharge-offs for the quarter totaled $673,000 comparedto $1.2 million from the previousquarter and $757,000 for thefirst quarter of 2015.
reported net income of $30.7 million, or 55 centsper share, for the quarter ended March 31. This compared to $19.7 million or 34 cents per share for the same quarter in 2015.
Netinterest margin for the quarter stood at 3.99%, compared to 3.98% in theprevious quarter and 3.89% in the year-ago period. The bank's provision forloan losses was $2.6 million, compared to $9.7million in the same quarter of fiscal year 2015.
Duringan earnings call, executives from the Sioux Falls, S.D.-based bank outlinedexpectations for continued growth in the agriculture portfolios and in thebank's Arizona and Colorado sectors.
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Charleston,W.Va.-based United Bankshares Inc.reportedfirst-quarter net income of $34.7 million, or 50 centsper share, compared to $34.6 million, or 50 centsper share, for the first quarter of 2015.
Netcharge-offs in the period were $4.3million, down from $5.3million for the first quarter of 2015.
The provision for loanlosses for the quarter was $4.0 million, compared to $5.4 million from theprevious quarter and $6.3 million for the first quarter in 2015.
reported net incomeavailable to common stockholders of $21.5 million, or 16 cents per share, forthe fiscal second quarter.
Inthe six months ended March 31, Capitol Federal recorded net income of $42.2million, or 32 cents per share, compared to $39.6 million, or 29 cents pershare, in the six months ended March 31, 2015.
Netcharge-offs were down sharply to $8,000 at March 31, compared to $242,000 inthe previous quarter and $166,000 from the quarter ended March 31, 2015.The company did not record a provision for loan losses for the six monthsending March 31 due to the continued low level of net charge-offs.