FORT LEE, N.J., Jan. 23, 2014 (GLOBE NEWSWIRE) -- Bancorp of New Jersey, Inc. (NYSE MKT:BKJ), holding company for Bank of New Jersey, reported record annual net income as well as record levels for assets and deposits. For the year ended December 31, 2013, net income reached $4.7 million, or $0.87 per diluted share, compared to $4.2 million, or $0.81 per diluted share, for the year ended December 31, 2012 representing an increase of approximately 11%. For the quarter ended December 31, 2013, net income remained level at $1.2 million, or $0.22 per diluted share, as compared to the quarter ended December 31, 2012. The net income generated during the 2013 fiscal year represents the highest net income ever achieved by the company during any fiscal year. The net income generated during the fourth quarter represents the company's twenty-eighth consecutive quarter of profitability.
Bancorp Of New Jersey, Inc. Announces Record Year For Earnings And Breaks $600 Million In Assets
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