Tuesday, January 31, 2012

Friendly Hills Bank Reports Year End Results

WHITTIER, Calif., Jan. 31, 2012 /PRNewswire/ -- Friendly Hills Bank (the "bank") (OTCBB: FHLB) reported results for the year ended December 31, 2011, after completing its fifth full year of operations since opening on September 18, 2006.   For the twelve month period ending December 31, 2011, the bank reported a profit of $149,000 or $0.09 per diluted share of common stock.  This figure includes a $169,000 provision for loan losses, $48,000 loss on the sale of investment securities, and a ...continued
     

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