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MCT releases earnings for 2014

The Board of Directors of Mauch Chunk Trust Financial Corporation has released the earnings results for the corporation for the year ending Dec. 31, 2014.

Net income was $3.1 million a decrease of $264,000 compared to 2013 net income of $3.3 million. On a per share basis, net income was $1.01 in 2014 versus $1.10 in 2013.Lower net income in 2014 is attributable to decreases in net interest income, other income and higher other expenses offset by an increase in net realized gains on securities sales.Mauch Chunk Trust Financial Corp. is the parent company of the Mauch Chunk Trust Company, an independent community bank with its main office located at 1111 North St., Jim Thorpe, Carbon County.Mauch Chunk Trust operates seven banking offices, including five in Carbon County and two in Schuylkill County.Incorporated in 1902, Mauch Chunk Trust is the successor institution to the Second National Bank of Mauch Chunk established in 1864.In 2013 the company was named one of the top 200 community banks in the United States under $2 billion in assets by the American Banker newspaper.For more information visit

www.mauchchunktrust.com.