Will hackers use your own AI against you?
Businesses have spent years asking what AI can do for their employees. Fewer have asked what it would do for an intruder inside an employee’s account.
Community Bank & Trust sees slight earnings rise
Community Bank & Trust ended 2005 with about the same net earnings as it did the year earlier, thanks to a weak fourth quarter, when it earned $250,000 less than the last quarter of 2004.
The Wolfeboro bank earned $7.948 million in 2005, an $18,000 increase over the previous year. Diluted share earnings were $2.17 in 2005, three pennies less than in 2004. The bank’s assets also decreased by more than $8 million to $426.6 million and its deposits declined to $337.6 million, a 9 percent decrease.
In the fourth quarter, the bank reported a net income of $1.9 million, some $259,000 less than in the previous quarter of 2005.
“It is a very competitive environment on interest rates,” said Peter Alden, when asked about the slippage. “There are a lot of investment alternatives out there.” – BOB SANDERS
