Owensboro-based First Security Inc., the holding company for First Security Bank, announced last week its earnings grew for both the fourth quarter and full year in 2011.
The bank holding company earned $732,689, or 84 cents per share, in the fourth quarter of 2011. That's up 45.8 percent from $502,403, or 63 cents per share, in the fourth quarter of 2010.
For the full year, the company's earnings were $2.42 million, or $2.85 per share, compared to $1.52 million, or $2.23 per share, in 2010.
The company has branches in Bowling Green, Franklin and Owensboro, as well as in Evansville, Ind. It's expected to open a branch at Hamburg in Lexington in the coming weeks.