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Bar Harbor Bankshares(BHB) - 2024 Q2 - Quarterly Results
BHBBar Harbor Bankshares(BHB)2024-07-18 20:20

FINANCIAL CONDITION (June 30, 2024 compared to March 31, 2024) Total assets grew 75.2millionattheendofthesecondquarter2024comparedtothefirstquarter2024primarilyduetoloangrowthandhighercashbalances,partiallyoffsetbylowersecuritiesavailableforsaleattheendofthesecondquarter.Non−interestexpensewas75.2 million at the end of the second quarter 2024 compared to the first quarter 2024 primarily due to loan growth and higher cash balances, partially offset by lower securities available for sale at the end of the second quarter. Non-interest expense was 24.0 million in the second quarter 2024 compared to $23.4 million in the second quarter 2023 driven by salary and benefits, and other expenses, partially offset by the gain ...