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Article: Town and Country Financial Corporation Reports Second Quarter 2009 Net Income and Declares Quarterly Dividend.
- Article from:
- Real Estate Weekly News
- Article date:
- August 14, 2009
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Town and Country Financial Corporation (BULLETIN BOARD: TWCF) reported second-quarter 2009 net income of $241 thousand, or $0.09 per share, compared to $238 thousand, or $0.08 per share, in the second-quarter of 2008. Current-quarter earnings reflect after-tax impacts from the FDIC special assessment of ($0.04) per share and provision expense of ($0.20) per share.
For the first-half 2009, net income was $583 thousand and $0.21 per share compared with net income of $424 thousand and $0.15 per share in the first half of 2008. Record net revenue of $8.9 million in the first half of 2009 represents an increase of $2.5 million, or 39%, over the comparable year ago ...