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CCF Holding Company Announces Quarterly Earnings for Quarter Ended Dec. 31, 1998.


JONESBORO Jonesboro, city (1990 pop. 46,535), a seat of Craighead co., NE Ark., on Crowley's Ridge; founded 1859, inc. 1883. The city services a rich agricultural area with many processing plants. , Ga.--(BUSINESS WIRE)--Jan. 8, 1999--CCF Holding Company, the holding company of Heritage Bank, announces earnings for the quarter ending Dec. 31, 1998.

Net income for the quarter was $402,630 or $0.45 per share, based on outstanding shares of 894,700. This compares to net income for the quarter ended Dec. 31, 1997 of $95,550 or $0.12 per share, based on outstanding shares of 894,700. Net income for the twelve months ended Dec. 31, 1998 was $618,776 or $0.69 per share, based on outstanding shares of 894,700. This compares to net income for the twelve months ended Dec. 31, 1997 of $136,601 or $0.16 per share.

Total assets for the holding company reached $170,055,151 for the period ended Dec. 31, 1998, compared to total assets of $125,024,772 for the period ended Dec. 31, 1997.

CCF CCF
abbr.
Cooperative Commonwealth Federation of Canada
 Holding Company is the parent company of Heritage Bank, a state chartered institution servicing the southern market of greater Atlanta Atlanta (ətlăn`tə, ăt–), city (1990 pop. 394,017), state capital and seat of Fulton co., NW Ga., on the Chattahoochee R. and Peachtree Creek, near the Appalachian foothills; inc. 1847. . The Bank has four full service branches in addition to the main office. The company's common stock is traded on the NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
 small cap market under the symbol "CCFH CCFH Codex Committee on Food Hygiene ."
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 8, 1999
Words:199
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