Friday, May 25, 2012

Saehan Bancorp Reports First Quarter Results

Saehan Bancorp (OTCBB:SAEB) today reported results for its first quarter ended March 31, 2012 -- reflecting positive earnings and stabilized asset quality. The company reported net income of $109,000, or $0.0005 per share, for the first quarter of 2012 compared with net income of $825,000, or $0.004 per share, a year ago. The return on average equity for the first quarter of 2012 was 0.74 percent and the return on average assets was 0.07 percent compared with 7.39 percent and 0.56 percent, respect...continued
     

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