EDVR - Endeavor Bancorp reports Q1 results
2023-04-19 09:32:50 ET
- Endeavor Bancorp press release ( OTCQX:EDVR ): Q1 Revenue of $49.12M (+21.5% Y/Y).
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Total assets increased $35.5 million, or 8.0%, during the first quarter to $516.0 million at March 31, 2023, compared to $480.4 million at December 31, 2022,and increased $133.0 million, or 34.7%, when compared to $383.0 million at March 31, 2022.
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Total loans, excluding PPP loans, decreased $3.6 million, or 1.0% during the first quarter to $374.7 million at March 31, 2023, compared to $378.0 million three months earlier, and increased $95.2 million, or 34.1% when compared to a year earlier.
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As of March 31, 2023, only $2.17 million PPP loans remain out of the $304.1 million originated.
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The Bank grew deposits $34.0 million during the quarter to $456.9 million at March 31, 2023, compared to $422.9 million three months earlier.
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Endeavor Bancorp reports Q1 results