FNCB Bancorp has announced that it reached a total asset level of $2.7 billion in the first quarter, marking a significant milestone for the company. The financial success has been largely attributed to substantial growth in both loans and deposits, alongside improvements in net interest margins.
The company's leadership expressed confidence in maintaining a positive performance outlook throughout the remainder of the year. FNCB Bancorp's strategic approach emphasizes rigorous expense management and maintaining healthy credit metrics. This optimistic forecast indicates continued execution of their strategic business plan.
The bank's commitment to delivering exceptional service to clients and shareholders remains a core focus, contributing to their achievements and supporting the company’s steady financial growth.