Oak Ridge Financial Services Announces Third Quarter EPS of $(0.07)

Oak Ridge Financial Services, Inc. BKOR reports results for the third quarter of 2010.

Oak Ridge Financial Services, Inc. announced net income for the three months ended September 30, 2010 of $41,000, compared to net income of $159,000 for the prior year period. After subtracting dividends and accretion on preferred stock, net loss available for common shareholders for the current period was $118,000 or $0.07 per diluted share, compared with a net loss available for common shareholders of $7,000 and diluted earnings per share of $0.00 for the quarter ended September 30, 2009.