JEFFERSONVILLE, NY — Jeffersonville Bancorp, the single-bank holding company for Jeff Bank, held its annual shareholders meeting at the Town of Callicoon Town Hall on April 23.

The financial information presented by the executive management team included net income of $11,175,000 in 2023.

“The bank had another fantastic year in 2023,” said George Kinne Jr., president/CEO. “With the continued growth in our core earnings, the bank was able to pay out another special dividend in February 2024.”

At the meeting, the company’s shareholders reelected Andrew Pavloff and Karen Fisher to three-year terms as directors. They also ratified the appointment of S.R. Snodgrass as the company’s independent public accounting firm.