EMLENTON, Pa., Feb. 1, 2013 (GLOBE NEWSWIRE) -- Emclaire Financial Corp (Nasdaq:EMCF), the parent holding company of The Farmers National Bank of Emlenton, reported consolidated net income of $3.7 million for the twelve months ended December 31, 2012, compared to $3.8 million for the same period in 2011. The results for 2012 were impacted by an increase in the provision for loan losses, which overshadowed growth in recurring revenue and reductions in noninterest expense. The Corporation realized a return on average assets of 0.70% and a return on average common equity of 7.56% for the year ended December 31, 2012, compared to 0.78% and 8.98%, respectively, reported for 2011.
Emclaire Financial Corp Reports 2012 Earnings; Announces Annual Meeting Date
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