Wed May 1 2013
Ledyard Financial Group, Inc. (ticker symbol LFGP), the holding company for Ledyard National Bank, today reported its financial results for the first quarter of 2013. Net income for the quarter ended March 31, 2013, was $759,080, or $0.75 per share compared to $791,807 or $0.78 per share for the same period in 2012, a decrease of $32,727 or 4.13%. The difference is due mostly to gains on the sale of securities and OREO that were reflected in the prior year’s results.