 HOUSTON, Oct. 29, 2020 GLOBE NEWSWIRE -- Allegiance Bancshares, Inc. NASDAQ: ABTX Allegiance, the holding company of Allegiance Bank the Bank, today reported net income of 16.2 million and diluted earnings per share of 0.79 for the third quarter 2020 compared to net income of 12.0 million and diluted earnings per share of 0.57 for the third quarter 2019. Net income for the nine months ended September 30, 2020 was 29.6 million, or 1.44 per diluted share, compared to 39.0 million, or 1.81 per diluted share, for the nine months ended September 30, 2019. The three months ended September 30, 2020 results were primarily due to increased net interest income partially offset by write-downs of other real estate of 1.9 million. The nine months ended September 30, 2020 results were primarily impacted by the increased provision for loan losses in response to COVID-19-related uncertainties in the current economic environment partially offset by increased net interest income. 