Endeavor Bancorp (EDVR)

Endeavor Bank Reports Net Income of $900,000 for the Second Quarter of 2023; Results Highlighted by Strong Interest Income and Net Interest Margin Expansion

SAN DIEGO, July 24, 2023 (GLOBE NEWSWIRE) -- Endeavor Bancorp (OTCQX: EDVR) (the “Company,” or “Bancorp”), the holding company for Endeavor Bank (the “Bank”), today announced net income of $900,000, or $0.22 per diluted share, for the second quarter of 2023, nearly unchanged compared to $899,000, or $0.22 per diluted share, for the first quarter of 2023. In the second quarter of 2022, the Company recorded a $2.51 million one-time deferred tax credit, resulting in net income of $3.23 million, or