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Article: Service Bancorp, Inc. Reports Results for the Quarter and Nine Months Ended March 31, 2008.

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PR Newswire
Article date:
April 29, 2008
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MEDWAY, Mass., April 29 /PRNewswire-FirstCall/ -- Service Bancorp, Inc. (BULLETIN BOARD: SERC) , the bank holding company for Strata Bank, announced net income for the quarter ended March 31, 2008 of $93,000, or $0.06 per diluted share, compared with net income of $333,000, or $0.20 per diluted share, for the same quarter a year ago. The net loss for the nine months ended March 31, 2008 was $151,000, or $0.09 per diluted share, compared with net income of $988,000, or $0.59 per diluted share, for the same period a year ago.

Pamela J. Montpelier, Chief Executive Officer and President of Service Bancorp, Inc. and Strata Bank, stated: "We have shown an improvement ...

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