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Farmers Capital Bank Q3 net income $3.8 million

Staff writer |
Farmers Capital Bank Corporation reported net income of $3.8 million or $.51 per common share for the third quarter and $11.4 million or $1.47 per common share for the first nine months of 2015.

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Net income for the current quarter increased $330 thousand or 9.4% compared with the current-year second quarter.

On a per common share basis, net income increased $.07 or 15.9% in the linked quarter comparison.

Compared to their respective year ago periods, net income decreased $275 thousand or 6.7% for the current quarter and $893 thousand or 7.3% for the first nine months.

On a per common share basis, net income increased $.02 or 4.1% when compared with the prior-year third quarter and $.03 or 2.1% in the nine-month comparison.

The company's redemption of its preferred shares beginning in the second quarter of 2014 has positively impacted net income available to common shareholders in each of the comparable periods.


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