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Anchor Bancorp Reports Second Quarter Fiscal 2013 Earnings

Stocks in this article: ANCB

Deposits consisted of the following at the dates indicated:

  December 31, 2012 June 30, 2012 December 31, 2011
  Amount Percent Amount Percent Amount Percent
  (Dollars in thousands)
Noninterest-bearing demand deposits $38,504 11.2% $37,941 11.0% $29,966 8.6%
Interest-bearing demand deposits 19,688 5.8% 16,434 4.8% 18,321 5.2%
Savings deposits  36,839 10.7% 36,475 10.5% 35,060 10.0%
Money market accounts 89,576 26.1% 83,750 24.2% 84,746 24.3%
Certificates of deposit 158,706 46.2% 171,198 49.5% 181,385 51.9%
Total deposits $343,313 100.0% $345,798 100.0% $349,478 100.0%

FHLB advances remained unchanged at $64.9 million at December 31, 2012 and June 30, 2012. 

Total stockholders' equity increased $375,000 or 0.7% to $54.4 million at December 31, 2012 from $54.0 million at June 30, 2012. The increase was primarily due to the $503,000 in net income during the six months ended December 31, 2012 offset by an increase in accumulated other comprehensive loss of $170,000.   Accumulated other comprehensive loss was $195,000 at December 31, 2012 as compared to a loss of $25,000 at June 30, 2012.  

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