Beach Community Bancshares Inc. Reports Consolidated Unaudited Earnings Results for the Year to Date Ended March 31, 2012
Beach Community Bancshares Inc. reported consolidated unaudited earnings results for the year to date ended March 31, 2012. For the period, the company reported total interest income of $5,161,000 compared to $5,505,000 a year ago. Net interest income was $2,921,000 compared to $2,982,000 a year ago. Net loss before tax was $438,000 compared to $2,437,000 a year ago. Net loss was $438,000 compared to $2,437,000 a year ago. Loss per common share was $0.18 compared to $1.03 a year ago. Book value per common stock was $9.01 compared to $10.67 a year ago.