The parent company of JCB recently announced consolidated net earnings of over $3.2 million for 2017. Marvin Veatch, made the announcement during the annual stockholder meeting for Bancorp of Southern Indiana. Veach serves as the president of Bancorp of Southern Indiana and the president and CEO of JCB.
Veatch says that consolidated net earnings of $3,287,000 are 2.3 percent higher than 2016. Earnings per share amounted to $2.42, an increase of 2.1 percent over 2016.
Veatch highlighted various accomplishments in 2017, including the opening of a state-of-the-art banking center on Central Avenue in Columbus last July.