SUBSCRIBE

Parent of Baltimore County Savings Bank reports profit

The parent of Baltimore County Savings Bank reported Friday a profit of $607,000, or 14 cents per diluted share, for the three months ending June 30, compared with a net loss of $418,000, or 20 cents per diluted share, in the same period last year.

Total assets increased to $622.3 million, from $569.4 million a year ago.

BCBS is one of several banks in the region that received federal assistance designed to spur lending. Under the Troubled Assets Relief Program, BCSB received $10.2 million.

  • Text BUSINESS to 70701 to get Baltimore Sun Business text alerts
  • Copyright © 2021, The Baltimore Sun, a Baltimore Sun Media Group publication | Place an Ad

    You've reached your monthly free article limit.

    Get Unlimited Digital Access

    4 weeks for only 99¢
    Subscribe Now

    Cancel Anytime

    Already have digital access? Log in

    Log out

    Print subscriber? Activate digital access