THE VIRGINIAN-PILOT
Copyright (c) 1994, Landmark Communications, Inc.
DATE: Tuesday, October 18, 1994 TAG: 9410180312
SECTION: BUSINESS PAGE: D1 EDITION: FINAL
SOURCE: (Staff)
LENGTH: Short : 20 lines
After several years of forgoing growth to improve profitability, the Bank of Tidewater has begun looking for potential sites for new branch offices in Virginia Beach and Chesapeake. It plans to open two new branches within 18 months, adding to its three in Virginia Beach and one in Chesapeake. The Virginia Beach-based bank earned $493,625, or 37 cents per share, in the quarter ended Sept. 30. That's 42 percent more than the $350,997, or 26 cents per share, it earned in that same period last year. by CNB