ROANOKE TIMES
Copyright (c) 1997, Roanoke Times
DATE: Thursday, January 16, 1997 TAG: 9701160049
SECTION: BUSINESS PAGE: B-5 EDITION: METRO
Central Fidelity Banks Inc.
4th qtr. ended 12-31 1996 1995
Net Interest Income $99.4 million $69.6 million
Net Income $30.8 million $26.1 million
Share earnings 52 cents 44 cents
Year ended 12-13
Net Interest Income $382.4 million $347.3 million
Net Income $112.7 million $105.4 million
Share earnings $1.89 $1.77
Richmond-based Central Fidelity Banks Inc. said the fourth quarter included a $1.2 million gain on the sale of certain credit card receivables and generally higher fees. The company also had a $2.3 million accrual associated with six branch closings and some severance arrangements.
LENGTH: Short : 25 linesby CNB