Town Center Bank Reports First Quarter Results
2013年5月8日 - 1:07AM
OTC Markets
New Lenox, IL, May 7, 2013 – Town
Center Bank (the “Bank”) (TCNB), today announced its financial
results for the three months ended March 31, 2013. There was a net loss of $118,000
and $160,000 for the three months ended March 31, 2013 and 2012,
respectively. The
improvement in operating results for the quarter is primarily due
to a $171,000 decrease of other real estate valuation provisions
and a decrease of $193,000 of a FHLB prepayment penalty offset by
not receiving any gains on sales of securities.
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