JSB Financial Inc. (OTC PINK: JFWV) announced its financial results for the second quarter of 2024, reporting a net income of $793,000, a decline of $12,000 or 1.74% compared to the same period in 2023. The basic and diluted earnings per common share were $3.08 and $2.92, respectively. For the first half of 2024, net income decreased by $227,000, or 13.4%, to $1.5 million. The company maintained robust credit quality indicators, with a modest growth in loans across its service areas. Despite navigating a challenging interest rate landscape, JSB Financial remains committed to maintaining disciplined strategies for loan and deposit pricing and optimizing funding approaches. Net interest income for the six months ending June 30, 2024, increased by $262,000, or 4.2%, to $6.4 million, driven by a $2.5 million rise in interest income. The provision for credit losses decreased by $60,000 to $60,000, primarily due to increased loan originations. The company also reported a significant recovery of $1.3 million on previously nonperforming loans, contributing to a strong asset quality with nonaccrual loans at 0.01% of total loans. JSB Financial continues to focus on creating value for its clients, communities, and shareholders.