latest news releases from the newsroom
First State Financial Corporation
First State Financial Corporation Announces Earnings of $0.14 Per Diluted Share for the Second Quarter of 2007
SARASOTA, Fla., July 19, 2007 (PRIME NEWSWIRE) -- First State Financial Corporation (Nasdaq:FSTF) reported second quarter 2007 net income of $797 thousand, or $0.14 per diluted share, as compared to $1.3 million, or $0.23 per diluted share in the second quarter of 2006. The decrease in earnings from the prior year quarterly results is attributable primarily to a $652 thousand increase in non-interest expense and a small decline in net interest income. Net interest income decreased 5% to $4.3 million for the second quarter of 2007 from $4.5 million for the second quarter 2006 primarily due to an overall increase in interest rates, partially offset by volume growth in the loan portfolio. The annualized net interest margin on a tax equivalent basis for the quarter ended June 30, 2007 was 4.14%, compared to 4.69% for the second quarter of 2006.
Eagle Bancorp Montana, Inc.
Eagle Bancorp Announces Year End Earnings, Fourth Quarter Earnings and Increases Quarterly Cash Dividend
HELENA, Mont., July 19, 2007 (PRIME NEWSWIRE) -- Eagle Bancorp ("Eagle") (OTCBB:EBMT), the stock holding company of American Federal Savings Bank (the "Bank"), reported net income of $1,778,000, or $1.66 per share ($1.47 per share diluted), for the year ended June 30, 2007, and announced an increased cash dividend of $0.24 per share. These earnings represent a decrease of $7,000, or 0.4%, compared to $1,785,000 for the year ended June 30, 2006. Earnings for the quarter ended June 30, 2007 were $442,000, or $0.41 per share ($0.37 per share diluted), an increase of 0.9% compared to $438,000 for the quarter ended June 30, 2006.