MINDEN, La., April 29, 2013 (GLOBE NEWSWIRE) -- Minden Bancorp, Inc. (the "Company") (OTCBB:MDNB) today reported net income for the quarter ended March 31, 2013 of $792,000 or $0.33 per diluted share, as compared to net income of $686,000 or $0.28 per diluted share for the quarter ended March 31, 2012. The $106,000 or 15.5% increase reflects a $46,000 increase in net interest income and a $31,000 increase in non-interest income, decreases in non-interest expense and the provision for loan losses of $54,000 and $7,000, respectively, offset by an increase of $32,000 in the provision for income taxes.
Minden Bancorp, Inc. Reports Results Of Operations For The 1st Quarter Ended March 31, 2013
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