Five Star Bank parent’s fourth-quarter profits fall 32 percent
Financial Institutions, based in
The charge was driven by two factors, said
"We acknowledge that the process of converting SDN into a bank-owned agency has been challenging," Birmingham said. "As disappointing as this quarter's impairment charge is, we are seeing good momentum in core insurance revenue growth from bank customers."
For all of 2018, Financial Institutions reported record-high profits of
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