Northview Corp. reported a loss of $256,000...
- Share via
Northview Corp. reported a loss of $256,000 for the quarter ended June 30, compared with a profit of $551,000 a year ago. Revenues fell 24% to $2.9 million. For the six months ended June 30, earnings fell 76% to $504,000, while revenues dropped 27% to $7.3 million. Meanwhile, Northview announced an agreement to acquire Inter-County Savings Bank of New Paltz, N.Y. Northview will invest $12 million in the bank, raising the bank’s net worth-to-assets ratio to about 9%.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.