Community Heritage Financial, Inc. Reports 54% Increase in Earnings for the Year Ended 2024
Community Heritage Financial, Inc. (the "Company" or "CHF") (OTC PK: CMHF), the parent company of Middletown Valley Bank ("MVB" or the "Bank"), reported net income of $6.6 million, or $2.27 per diluted share, for the year ended December 31, 2024, representing an increase of $2.3 million, or 54.3%, over net income of $4.3 million, or $1.48 per diluted share, reported for the year ended December 31, 2023. Fourth quarter 2024 net income was $1.7 million, a decrease of $314 thousand compared to thir