Article: Community Savings, F.A. announces net income for the second quarter ended March 31, 1995.

NORTH PALM BEACH, Fla.--(BUSINESS WIRE)--April 17, 1995-- Community Savings, F.A. (NASDAQ:CMSV) announced Monday that net income for the second quarter ended March 31, 1995, increased 88% to $989,000, or 21 cents per share, compared to $525,000 for the quarter ended March 31, 1994.

The increase in net income is primarily due to a decrease in the provision for loan loss of $622,000 to $37,000 for the quarter ended March 31, 1995 as compared to $659,000 for the same period in 1994. The Association's annualized return on average assets for the three months ended March 31, 1995 was .75%.

Net income for the six months ended March 31, 1995, increased 41% to $2.1 ...

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