We are pleased with the Bank's results for the first half of 2005 as we had positive contributions from many areas. Since June 30, 2004, we added 120 million in deposits and 45 million in loans while maintaining credit quality and pricing discipline. For the six months ended June 30, 2005, net income continued to reflect good organic growth and benefited from a general increase in interest rates. In the first quarter of 2005, the bank raised its per-share dividend 5.89 from 17 per-share to 18 per share. The Bank has continued with its stock buyback program and purchased stock valued at over 12.2 million during the six month period ended June 30, 2005.
More Quotes from Kenneth Walker:
I was bragging to all the people that I'm working with now that I helped build this place, ... It's amazing. It looks so different with people in here.Kenneth Walker
We might have some snow, hope we do. If not, I think we'll have a great time still.
Kenneth Walker
We're trying to develop a plan so we can provide for them all the good benefits they have now,
Kenneth Walker
They need the day off only if they want to prepare for celebration, because everyone's going to be champing at the bit to go home that night and celebrate. If they don't have the problem solved by Friday Dec. 31, they're not going to solve it in an extra day,
Kenneth Walker
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