Bank posts record earnings in first three quarters of year

TAMPA — First Citrus Bancorporation Inc., the holding company for Tampa-based First Citrus Bank, set an earnings record over the first three quarters of 2019, with net income rising by 6% compared to the same period last year.

According to a press release, the bank’s net income for the nine months ending Sept. 30 was $2,787,000, or $1.38 per share, compared to the net income of $2,618,000, or $1.30 per share, for the nine months ending Sept. 30, 2018.