BV Financial, Inc. Reports Un-Audited Consolidated Financial Results for the Second Quarter and Six Months Ended December 31, 2012
For the six months, the company reported, net income of $205,000, or $0.09 per diluted share compared to net income of $366,000, or $0.15 per diluted share, for the six months ended December 31, 2011. The decrease in income for the six months ended December 31, 2012 was attributed to a decrease in net interest income and non-interest income and an increase in non-interest expense. The company reported interest income of $3,142,000 compared to $3,328,000, net interest income of $2,631,000 compared to $2,683,000 and income before income taxes of $331,000 compared to $366,000 for the last year.