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Monday, October 24, 2011

Patapsco Bancorp, Inc. Announces 1st Quarter Earnings

Patapsco Bancorp, Inc. (OTC, Electronic Bulletin Board: PATD), the parent company of The Patapsco Bank, announces unaudited earnings available for common shareholders of $128,000 or $0.07 diluted income per share for its quarter ending September 30, 2011 as compared to unaudited earnings of $10,000 or $0.01 diluted earnings per share for same period of the prior year. The improvement in earnings was the result of improvement in net interest income as the impact of a lower cost of funds more t...continued
     

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