| Robert D. Heuchan, President and CEO of Third Century Bancorp (OTCBB: TDCB), the holding company of Mutual Savings Bank, announced net income of $113,000 for the quarter ended March 31, 2012, or $0.09 per share. This compares with net income of $51,000 for the quarter ended March 31, 2011, or $0.04 per share. The improvement of $62,000 in net income resulted from several positive factors. Non-interest income increased $51,000 to $252,000 from $201,000 while non-interest expense decreased $66,000 t...continued TDCB Banking Financial |
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