Reports Q4 tangible book value per share $9.17. Reports Q4 CET1 capital ratio 13.31%. Reports Q4 net charge-offs .07%. Thomas Kemly, president and CEO commented: “The Company maintained a strong balance sheet and capital position, which will allow us to benefit from an improving operating environment. Additionally, our fourth quarter repositioning strategy should result in improved future earnings and net interest margin. We will continue to examine and implement prudent strategies that we believe will build a foundation for the future success of the Company and increased profitability.”
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