Town and Country Financial Corp. reported for the year 2011 net income of $2.7 million, or $0.98 per share, up 30.2% from $2.1 million, or $0.75 per share in 2010. Excluding security gains in both years and security impairment charges in 2010, net income was $2.6 million, or $0.94 per share compared to $0.80 in the 2010. Net revenue, excluding equity security gains and impairment charges, was $18.1 million, 3.2% higher than the year-ago driven by higher net interest income. Common equity book value was $11.90 per common share compared to $11.13 on December 31, 2010. The board of directors declared a $0.03 per share quarterly cash dividend payable on March 15, 2012 to stockholders of record March 1, 2012.