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Kinderhook Bank revenue is up

Aug 23, 2018 7:00 am
Larry Rulison is reporting for the Times Union Kinderhook Bank Corp.'s net income for the first six months of 2018 was $2.3 million, up from $700,000 during the same period last year. Kinderhook Bank has 10 area branches and $637 million in assets as of the end of June, up from $464 million the previous year. The first-half results included $322,000 in merger-related costs from the bank's acquisition of Patriot Federal Bank in November 2017. Kinderhook Bank was established in the village of Kinderhook in 1853.