Herald staff
EVERETT — The parent company for Everett Mutual Bank reported Tuesday that it made a $1 million profit during the quarter that ended Sept. 30.
For EverTrust Financial Group Inc., which went public just last fall, that amounted to earnings of 13 cents share.
Earnings would have been higher, but the company allocated $600,000 for a management recognition plan. Without that, earnings would have been 20 cents per share, the company reported.
The company also reported that board members have approved a dividend of 9 cents per share payable Nov. 28 to shareholders of record on Nov. 14. In addition to the bank, the company owns Pro Inc., an item processing company, and Mutual Bancshares Capital Inc., a venture capital company.
Talk to us
- You can tell us about news and ask us about our journalism by emailing newstips@heraldnet.com or by calling 425-339-3428.
- If you have an opinion you wish to share for publication, send a letter to the editor to letters@heraldnet.com or by regular mail to The Daily Herald, Letters, P.O. Box 930, Everett, WA 98206.
- More contact information is here.