NASHVILLE, Tenn., Aug. 12, 2020 /PRNewswire/ -- InsCorp, Inc., parent company of INSBANK (OTCQX: IBTN), today reported 2nd quarter earnings of $548,000, or $0.19 per share. Quarterly earnings for the Nashville-based lender were down $420,000, or $0.14 per share, versus those of the same period the prior year. Contributing to this decline, the bank added $800,000 to its provision for loan loss reserves during the quarter, compared to $175,000 in the same period the prior year.�In addition to the reserve expense, a decline in net interest margin contributed to reduced operating earnings.�Year-to-date earnings totaled $1,281,000, or $0.44 per share. `While the latter part of the quarter saw...
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