Commerce earnings slide

Pennsylvania Commerce Bancorp Inc., parent company of Commerce Bank/Harrisburg, reported earnings of $1.6 million for the second quarter.

Pennsylvania Commerce Bancorp Inc., parent company of Commerce Bank/Harrisburg, reported earnings of $1.6 million for the second quarter. That was a drop of 23 percent compared to the same period last year.

Diluted earnings per share were 24 cents, down from 32 cents in the second quarter of 2006, according to the company, which is based in Swatara Township, Dauphin County.

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