The Board of Directors of Mauch Chunk Trust Financial Corp. released the earnings results for the period ending June 30, 2017.

Net income for the six months ended June 30 was $1.34 million, $70,000 less than the first half of 2016. On a per-share basis, net income year to date was 44 cents this year, compared to 46 cents last year. For the three months ending June 30, net income was $732,000, which is $117,000 less than the same period in 2016. On a per-share basis, second quarter net income was 28 cents this year versus 46 cents last year.The decrease is attributable to a reduction in realized gains on the sale of securities and lower mortgage banking income, partially offset by an increase in net interest income, higher wealth management fees and a reduction in the provision for loan losses.Mauch Chunk Trust Financial Corp. is the parent company of the Mauch Chunk Trust Co., an independent community bank based in Jim Thorpe with seven banking offices.