Anchor Bancorp Reports Second Quarter Fiscal 2013 Earnings

Non-performing loans increased by $387,000 to $9.1 million at December 31, 2012 from $8.7 million at June 30, 2012 and decreased from $12.9 million at December 31, 2011.   Non-performing loans consisted of the following at the dates indicated: 

	December 31, 2012		June 30, 2012		December 31, 2011
	(In thousands)
Real estate:
One-to-four family	$ 2,116		$ 1,878		$ 3,519
Multi-family	--		--		--
Commercial	5,516	(1)	--		4,097
Construction	--		3,369		4,134
Land	73		109		23
Total real estate	7,705		5,356		11,773
Consumer:
Home equity	247		159		348
Automobile	53		66		119
Credit cards	19		16		166
Other	--		1		7
Total consumer	319		242		640
Business:
Commercial business	1,085		3,124		484
Total	$ 9,109		$ 8,722		$ 12,897
(1)     Represents a $5.5 million commercial real estate loan which is past due more than 90 days and still accruing interest.

As of December 31, 2012, June 30, 2012, and December 31, 2011 there were 37, 30, and 31 loans, respectively, with aggregate net principal balances of $16.2 million, $15.1 million, and $17.2 million, respectively, that we have identified as "troubled debt restructures." At December 31, 2012, June 30, 2012, and December 31, 2011 there were $3.6 million, $1.2 million, and $2.0 million, respectively of "troubled debt restructures" included in the non- performing loans above. 

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