Archive for July, 2008

MORRISTOWN, Tenn., July 31, 2008 — Jefferson Bancshares, Inc. , the holding company for Jefferson Federal Bank, announced net income of $494,000, or $0.09 per diluted share, for the quarter ended June 30, 2008, compared to net income of $598,000, or $0.10 per diluted share, for the quarter ended June 30, 2007.

Brooklyn Federal Bancorp, Inc. , the holding company of Brooklyn Federal Savings Bank , today reported net income of $1.4 million for the quarter ended June 30, 2008 compared to net income of $1.2 million for the same period in 2007.

Britain's Toscafund Asset Management LLP has amassed a 6 percent stake Washington Mutual Inc. — making it the second largest shareholder in the ailing savings and loan — according to a regulatory filing Thursday.

Is the frugal Yankee about to land on the endangered species list? According to a new survey, he or she could be joining the polar bears, as Connecticut ranked third in a national report on monthly credit card …

FORT LEE, N.J., July 31, 2008 — Bancorp of New Jersey, Inc. reported second quarter net income of $102 thousand, or $0.02 per diluted share, compare to $206 thousand, or $0.04 per diluted share, for the same period in 2007.

PAOLI, Pa., July 31, 2008 — Malvern Federal Bancorp, Inc. , the recently formed “mid-tier” holding company for Malvern Federal Savings Bank , today announced that the Company is reporting a net loss for the three months ended June 30, 2008 of $63,000 compared to net income of $805,000 for the three months ended June 30, 2007.