Altabancorp™ reports first quarter 2021 financial results

American fork, utah--(business wire)--altabancorp™ (nasdaq: alta) (the “company” or “alta”), the parent company of altabank™, reported net income of $9.4 million for the first quarter of 2021, compared with $11.1 million for the fourth quarter of 2020, and $10.8 million for the first quarter of 2020. diluted earnings per common share were $0.50 for the first quarter of 2021, compared with $0.58 for the fourth quarter of 2020, and $0.57 for the first quarter of 2020. annualized return on average
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