Rollstone Bank & Trust of Fitchburg reported earnings of $2.6 million in net income for 2009 – a $900,000 increase from 2008.

The bank ended the year with total assets of $482.6 million, an increase of $20.6 million or 4.5 percent. Loans during the year increased from $301.5 million to $316.5 million, representing a 5 percent increase.

RBT’s President & CEO Martin F. Connors Jr. also reported a successful year for the banks’ wealth management division.

"Our most significant accomplishment during 2009 was weathering the economic storm as well as we did. Our success could be attributed to a combination of things: sticking to proven and traditional banking principles, sound judgment exercised by management and, admittedly, some good luck," said Connors.

He also reported loan delinquencies of 1.72 percent, and a capital ratio that reached 9.07 percent, which is considered "well capitalized."