| Sound Financial, Inc. (the "Company") (OTCBB:SNFL), holding company for Sound Community Bank, today announced revised earnings for the year ended December 31, 2011. In connection with its annual audit, the provision for loan losses was increased by $400,000 ($264,000, net of tax), to $4.6 million from $4.2 million, for the year, which decreased net income to $1.6 million from $1.8 million, as was previously reported. Details can be found in the Company's Annual Report on Form 10-K...continued SNFL Financial Banking |
Tuesday, March 27, 2012
Sound Financial Increases Provision for Loan Losses for Year Ended December 31, 2011
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment