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County Bancorp: 1Q Earnings Snapshot

MANITOWOC, Wis. (AP) _ County Bancorp Inc. (ICBK) on Thursday reported first-quarter profit of $3.8 million.

The bank, based in Manitowoc, Wisconsin, said it had earnings of 54 cents per share.

The bank that lends to dairy farmers posted revenue of $19.9 million in the period. Its revenue net of interest expense was $13.3 million, which topped Street forecasts. Three analysts surveyed by Zacks expected $12.8 million.

County Bancorp shares have fallen nearly 2 percent since the beginning of the year. The stock has decreased 41 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICBK at https://www.zacks.com/ap/ICBK