Territorial Bancorp (NASDAQ: TBNK) released its first quarterly earnings statement of the year Thursday, which showed a 35.35 percent increase in net income from $4.82 million in 2018 Q1 to $6.52 million in 2019 Q1.
The board of directors approved a quarterly cash dividend of $0.22 per share. The total stockholder's equity increased to $238.84 million in Q1 compared to $235.08 in Q4.
From 2018 Q4 to 2019 Q1 deposits rose by $38.22 million to total $1.67 billion at the end of Q1. Interest income…
