ROANOKE TIMES
Copyright (c) 1997, Roanoke Times
DATE: Wednesday, February 19, 1997 TAG: 9702190119
SECTION: BUSINESS PAGE: B-5 EDITION: METRO
CFW Communications Co.
4th qtr. ended 12-31 1996 1995
Revenues $13.0 million $12.4 million
Net Income $2.6 million $2.5 million
Share earnings 20 cents 19 cents
Full year ended 12-31
Revenues $49.9 million $43.1 million
Net Income $9.6 million $8.5 million
Share earnings 73 cents 66 cents
CFW Communications, based in Waynesboro, provides local telephone, cellular, paging, computer access and wireless cable television services.
SWVA Bancshares Inc.
2nd qtr. ended 12-31 1996 1995
Net Interest Income $662,000 $569,000
Net Income $224,000 $62,000
Share earnings 47 cents 12 cents
Half-year ended 12-31
Net Interest Income $1.27 million $1.13 million
Net Income $30,000 $128,000
Share earnings 6 cents 25 cents
SWVA Bancshares Inc. is the holding company of Southwest Virginia Savings Bank of Roanoke. It said its six-month earnings were impacted by a one-time assessment to recapitalize the Savings Association Insurance Fund. Without the assessment, it would have earned $256,000 or 53 cents a share for the six months.
LENGTH: Short : 38 linesby CNB