MILLINGTON, N.J., Feb. 15, 2013 (GLOBE NEWSWIRE) -- MSB Financial Corp. (Nasdaq:MSBF) (the "Company"), the holding company for Millington Savings Bank (the "Bank"), reported a net loss of $1.6 million for the three months ended December 31, 2012 compared to net income of $224,000 for the quarter ended December 31, 2011. Correspondingly, the Company reported a net loss of $1.7 million for the six months ended December 31, 2012 compared to net income of $335,000 for the six months ended December 31, 2011. The reported losses for the three and six month periods ended December 31, 2012 compared to the same periods ending December 31, 2011, were primarily due to increases in the provision for loan losses of $2.6 million and $2.7 million for the respective periods.
MSB Financial Corp. Announces Quarterly Results
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.