Mason-Dixon Bancshares sees rise in earnings


April 22, 1993

Thomas K. Ferguson, president and chief executive officer of Mason-Dixon Bancshares Inc., reported that first-quarter net income totaled $1,683,484, an increase of 45.7 percent over the same period in 1992.

The return on assets for the first quarter of 1993 was 1.49 percent, compared with 1.02 percent in 1992. The return on equity totaled 17.97 percent, up from 13.27 percent for the same period in 1992.

Earnings per share were up from 77 cents to $1.16.

Mason-Dixon Bancshares has its headquarters in Westminster.

The principal subsidiary of the holding company is Carroll County Bank and Trust Co.

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