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lafayette community bancorp (LFYC) Key Developments
Lafayette Community Bancorp Reports Consolidated Earnings Results for 2012
May 21 13
Lafayette Community Bancorp reported consolidated earnings results for 2012. Consolidated net income was $893,135 or $0.46 per share for 2012, exceeding the results achieved in the year prior by $210,906. The Bank's return on average assets of 0.66% of 2012 compared favorably to the return on average assets of 0.55% for the prior year. Return on average equity of 5.93% was also favorable to the prior year result of 4.97%. The Bank's earnings were helped significantly by the reduction of its loan loss provision of $712,361 year over year.
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