 DUNMORE, Pa., Jan. 29, 2021 GLOBE NEWSWIRE -- FNCB Bancorp, Inc. NASDAQ: FNCB, the parent company of Dunmore-based FNCB Bank the Bank, today reported net income for 2020 of 15.3 million, or 0.76 per basic and diluted share, compared to net income of 11.1 million, or 0.56 per basic and diluted share, for 2019. The 4.2 million, or 38.6, increase in earnings was due to increases of 3.9 million in net interest income and 1.6 million in non-interest income and a 0.8 million reduction in non-interest expense. Partially offsetting these positive factors were increases in the provision for loan and lease losses and income tax expense of 1.1 million and 0.9 million, respectively. Net income for the fourth quarter of 2020 was 5.2 million, or 0.26 per basic and diluted share, an increase of 1.7 million, or 47.8, compared to 3.5 million, or 0.17 per basic and diluted share, for the same quarter of 2019, which primarily reflected a 2.3 million increase in net interest income, partially offset by a 0.6 million decrease in non-interest income. 