Equity Bancshares, Inc. reported net income allocable to common stockholders of $10.0 million, or $0.64 per diluted share, in the fourth quarter of 2019. The company saw net interest margin expansion and successful non-interest expense and non-interest income initiatives.
Net income before taxes for Q4 2019 was $13.1 million, or $0.84 per diluted share.
Stated diluted income per share in Q4 2019 was $0.64.
Total loans held for investment were $2.56 billion at December 31, 2019.
Total deposits were $3.06 billion at December 31, 2019.
Equity's focus in 2020 includes continuing to offer relationship-based customer service and providing innovative products to grow signature deposits. The company continues to monitor and develop relationships for further business combinations, prioritizing cultural fit and stockholder value.
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