Roma Financial Corporation ROMA the holding company of Roma Bank and RomAsia Bank, announced today its financial condition and results of operations for the three months and year ended December 31, 2010.
The Company's consolidated net income, for the three months and year ended December 31, 2010, was $1.2 million and $5.1 million, respectively. These represented very substantial increases of $1.1 million and $2.5 million over the three months and year ended December 31, 2009, respectively. The 95.3% increase in net income reported for the full year 2010 caused a near doubling of net income per share to $0.17 per share, compared to $0.09 per share last year.
For the three months and year ended December 31, 2010, net interest income was $13.2 million and $46.1 million, compared to $9.4 million and $33.1 million for the same periods in 2009. For the year ended December 31, 2010, this represented an increase of 39.3%, more than double the increase reported in 2009.
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