STAUNTON, Va., Nov. 12, 2010 (GLOBE NEWSWIRE) -- Community Financial Corporation (Nasdaq:CFFC), a holding company whose sole subsidiary is Community Bank, Staunton, Virginia, today reported a loss for the second quarter of its fiscal year ending March 31, 2011. For the quarter ended September 30, 2010, Community Financial reported a loss of $525,000 or $(0.16) per diluted common share, compared to $1,122,000 or $0.21 per diluted common share for the same period last year. The decrease in net income for the current quarter compared to the September 30, 2009 quarter was due primarily to an increase in the provision for loan losses, partially offset by an increase in net interest income.
Community Financial Announces Second Quarter Earnings
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