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Article: FSB Community Bankshares, Inc. Announces Third Quarter Results.(Financial report)
- Article from:
- Real Estate Weekly News
- Article date:
- November 13, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FSB Community Bankshares, Inc. (the "Company") (BULLETIN BOARD: FSBC) , the mid-tier stock holding company of Fairport Savings Bank (the "Bank"), reported a net loss of $34,000 for the quarter ended September 30, 2009 compared to net income of $1,000 for the quarter ended September 30, 2008. Net loss per share for the quarter ended September 30, 2009 was $(0.02) compared to no net income per share for the quarter ended September 30, 2008. The Company's net interest margin for the quarter ended September 30, 2009 decreased 23 basis point to 2.17% from 2.40% for the quarter ended September 30, 2008. Another factor that negatively affected the third quarter of 2009 compared ...