During the corresponding time, Ameriana Bancorp recorded a revenue increase by 4.85 % year on year, sequentially revenue fell by -0.76 %. While revenue at the Ameriana Bancorp's corporate clients
Ameriana Bancorp's Comment on Sales, Marketing and Customers
The Bank is a community-oriented financial institution. Our principal business
consists of attracting deposits from the general public and investing those funds
primarily in mortgage loans on single-family residences, multi-family loans, construction
loans, commercial real estate loans, and, to a lesser extent, commercial and industrial
loans, small business loans, home improvement loans, and consumer loans. We have
from time-to-time purchased loans and loan participations in the secondary market.
We also invest in various federal and government agency obligations and other
investment securities permitted by applicable laws and regulations, including
mortgage-backed, municipal and equity securities. We offer customers in our market
area time deposits with terms from three months to seven years, interest-bearing
and noninterest-bearing checking accounts, savings accounts and money market accounts.
Our primary source of borrowings is FHLB advances. Through our subsidiaries, we
engage in insurance, investment and brokerage activities.
