Bear State Financial Inc. of Little Rock, the publicly traded holding company for Bear State Bank, announced Friday second quarter 2015 earnings of $2.5 million.
The quarterly profit compares to a net loss of $2.9 million in the same period of 2014.
In February, the company consolidated its three subsidiary banks into a single charter forming Bear State Bank and moving its headquarters to Little Rock. The second quarter of 2015 represents the first full quarter of operations as Bear State Bank.
In June, the company announced that it was buying Metropolitan National Bank of Springfield, Missouri, which will push its asset base to about $2 billion.
Assets as of June 30 were $1.45 billion. Its stock, listed on the Nasdaq under the symbol BSF, was trading at $9.15 as of Friday afternoon, up from $9.01 at Thursday’s close.