Carnegie Bancorp earnings up 10% over prior year.PRINCETON, N.J.--(BUSINESS WIRE)--April 17, 1996--CARNEGIE BANCORP (NASDAQ/NMS: CBNJ CBNJ Community Bancorp of New Jersey , CBNJW) CARNEGIE BANCORP announced that it had earned income Sources of money derived from the labor, professional service, or entrepreneurship of an individual taxpayer as opposed to funds generated by investments, dividends, and interest. after taxes for the quarter ended March 31, 1996 of $606,000, compared to $552,000 for the same period last year, an increase of 10%. Primary and fully diluted net income per share for the first quarter of 1996 was $.32, compared to $.32 per share for both primary and fully diluted net income for the first quarter in 1995. Shares outstanding increased to 1,754,441 at March 31, 1996, compared to 1,746,848 at March 31, 1995. As of March 31, 1996, total loans increased to over $180 million, or an increase of 23% over the same period last year. CARNEGIE posted over $268 million in total assets and over $235 million in total deposits, increases of 27% and 24% respectively, compared to 1995. CARNEGIE BANK, N.A., a national bank headquartered in Princeton, New Jersey
Princeton, New Jersey is located in Mercer County, New Jersey, United States. Princeton University has been sited in the town since 1756. , is the single subsidiary of CARNEGIE BANCORP. CARNEGIE BANK, N.A. serves small businesses, professionals and high net worth individuals through its six branches located in Princeton, Hamilton, Marlton, Denville, Toms River and Montgomery Township, New Jersey Montgomery Township is a Township in Somerset County, New Jersey, United States. As of the United States 2000 Census, the township population was 17,481. The Census Bureau's 2006 population estimate for Montgomery Township is 23,243, which represents growth of over 140% since the . Other branches are expected to open by this summer in Langhorne, Pennsylvania Langhorne is a borough in Bucks County, Pennsylvania, United States. The population was 1,981 at the 2000 census. The name "Langhorne" is also used broadly to include the surrounding townships encompassed by ZIP code 19047. and Flemington, New Jersey Flemington is a Borough in Hunterdon County, New Jersey, United States. As of the United States 2000 Census, the borough population was 4,201. It is the county seat of Hunterdon County. . CONTACT: Carnegie Bank N.A. THOMAS L. GRAY, JR. (609) 520-0601 or L. G. Zangani Inc. LEONARDO G. ZANGANI (908) 788-9660 |
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