Tuesday, July 17, 2012

Folsom Lake Bank Has Strong Increase in Second Quarter Profits

FOLSOM, Calif., July 17, 2012 (GLOBE NEWSWIRE) -- Folsom Lake Bank (OTCBB:FOLB), announced unaudited financial results for the quarter and six months periods ending June 30, 2012. The Bank reported its tenth consecutive profitable quarter with net income of $161,784, up 313.5% compared to $39,129 for the second quarter of 2011. For the first six months of 2012, the Bank reported net income of $273,381, an increase of 224.7% compared to earnings of $84,192 for the first half of 2011. "We are pleased to...continued
     

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