Stockholders' equity increased $110.1 million, or 120.7 percent, to $201.3 million at September 30, 2010 from $91.2 million at December 31, 2009, primarily due to the results of our initial public offering in January 2010, an increase in accumulated other comprehensive income of $2.5 million and net income of $1.3 million for the nine months ended September 30, 2010.Non-performing assets increased $6.9 million, or 45.1 percent, to $22.2 million, or 1.97 percent of total assets, as of September 30, 2010, from $15.3 million, or 1.35 percent of total assets, as of December 31, 2009. The increase in non-performing assets was primarily attributable to increases of $4.4 million in other real estate owned and $2.6 million in commercial real estate loans on nonaccrual status.
OmniAmerican Bancorp, Inc. Announces Third Quarter 2010 Results
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