earnings
confidence high
sentiment positive
materiality 0.65
LINKBANCORP Q1 2022 net income $1.5M, EPS $0.15, crosses $1B in assets
LINKBANCORP, Inc.
2022-Q1 EPS reported
$0.15
- Net income $1.524M ($0.15 diluted EPS); total assets $1.036B, crossed $1B threshold.
- Organic loan growth $29M (ex-PPP); deposits up $90.5M since Dec 2021.
- Net interest margin expands to 3.40% from 3.30% in Q4 2021.
- Completed $20M subordinated notes private placement on April 8, 2022.
- Nonperforming assets low at 0.12% of total assets.