Home > Harbor News, Northwest News > Anchor Bank showing a loss for the year

Anchor Bank showing a loss for the year

July 31, 2013

Anchor Bancorp, the holding company for Anchor Bank, reported a net loss of $812,000 for the fourth quarter of 2013 compared to a net loss of $314,000 for the same period last year. The company is showing a loss of $255,000 for the year compared to a loss of $1.7 million in 2012.

The parent company of Anchor Bank has locations throughout Grays Harbor including their local loan production office.

President Jerald Shaw said in a statement that as of June 30, the company owned 21 real estate properties with a book value of $6.2 million compared to 71 properties in 2012 valued at of $6.7 million, and 31 properties in March of this year valued at $7.0 million.

For more information, visit http://www.anchornetbank.com.

Anchor Bank

%d bloggers like this: