Published May 09. 2026 09:00AM
The Board of Directors of Mauch Chunk Trust Financial Corporation have released earnings results for the corporation for the period ended March 31.
Net income for the three months ended March 31, was $455,000, $212,000 higher than the same period in 2025. On a per share basis, net income was 14 cents this year versus 7 cents last year.
Higher net income in 2026 is attributable to an increase in net interest income and other income, and decreases in the allowance for credit losses, partially offset by increases in other expenses and income tax expense.
The Board of Directors of Mauch Chunk Trust Financial Corp. declared a regular dividend of 8 cents per share payable on June 30, to shareholders of record as of June 1.
Mauch Chunk Trust Financial Corp. is the parent company of the Mauch Chunk Trust Company, a community bank with six offices in Carbon and Schuylkill counties. On April 30, the corporation had total assets of $629.5 million.
Mauch Chunk Trust Company is a locally owned and managed independent community bank with its main office in Jim Thorpe, Carbon County. MCT was incorporated on Aug. 25, 1902, as the successor institution to the Second National Bank of Mauch Chunk established in 1864. For more information about MCT, visit www.mct.bank.