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Peak Bancorp press release ( OTCPK:IDFB ): After-tax net income of $2.6 million through the first nine months of 2022
Year-to-date net interest income decreased from the same period in 2021 by $2.1 million. This decrease can be attributed to a $8.0 million decrease in Paycheck Protection Program interest income, which was offset by additional income from non-PPP loan growth and improved earning asset yields.