"Despite these challenges, we remain hopeful that the signs of increasing stability we saw in our operations during 2011 will continue in the future, barring significant disruptions in the national or global economies, as Ameriana and the industry attempt to return to a more normalized credit environment," Gassen added. "As we continue on this path, our focus remains on asset quality, earnings growth and internally generated capital."Ameriana Bancorp's net interest margin on a fully tax-equivalent basis was 3.75% for the fourth quarter of 2011, up six basis points from the third quarter of 2011 and down three basis points versus the fourth quarter of 2010. The fourth quarter increase in the net interest margin compared with the prior quarter reflected relatively stable yields on earning assets coupled with lower deposit costs. For 2011, net interest margin increased 10 basis points to 3.73% compared with 3.63% for 2010, primarily as a result of a reduction in the Company's average funding cost.
Ameriana Bancorp's Net Income For The Fourth Quarter Of 2011 Rises To $453,000 Or $0.15 Per Share
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