Fauquier Bankshares Announces Third Quarter EPS of $.27

Fauquier Bankshares, Inc. FBSS today announced financial results for the quarter and the nine months ended September 30, 2010. Net income for the quarter was $982,000, and diluted earnings per share were $0.27, representing an increase of 2.8% in comparison to net income of $956,000 and diluted earnings per share of $0.26 in the third quarter 2009. Net income for the third quarter included a $465,000 gain on the sale of several investments and an increase of $123,000, or 9.2%, in other income, primarily service fees on deposits and wealth management income, compared with September 30, 2009.
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