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Net interest income for the second quarter of 2009 improved to $3.86 million from $3.15 million for the second quarter of 2008.
For the second quarter of 2009, net interest margin was 2.82% versus 2.59% for the same quarter of 2008.
For the first six months ended June 30, 2009, the company has reported a net loss of $972,000, or $0.19 per share, compared to a net loss of $3.2 million, or $0.62 per share, for the first six months ended June 30, 2008.
For the first six-month period of 2009, net interest income was $7.52 million, compared to $6.32 million for the prior-year period.
Net interest margin for the first six months of 2009 was 2.80% as compared to 2.58% for the first six months of 2008.
Total assets were $643.8 million as of June 30, 2009, compared to June 30, 2008 level of $569.6 million.
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