Bank of McKenney (BOMK) Announces Third Quarter Results
By Ben Zinga
October 16, 2009 7:08 AM
October 16, 2009 7:08 AM
Bank of McKenney (Nasdaq: BOMK) announced a third quarter loss of $482,000 due primarily to a $1.2M provision charge to bolster the reserve for loan losses. 2008 third quarter earnings was $305,000. A basic and diluted loss per share of $0.25 was reported for the three months ended September 30, 2009, compared to basic and diluted earnings per share of $0.16 for the previous 3rd Quarter.
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