Fidelity Southern Corporation LION, holding company for Fidelity Bank, reported net income of $3.0 million for the fourth quarter of 2010 compared to net income of $1.9 million for the fourth quarter of 2009.
After accounting for the TARP preferred dividend, basic and diluted income per share for the fourth quarter of 2010 were $.20 and $.18, respectively, compared to a basic and diluted income per share of $.11 in the fourth quarter of 2009. Net income for the year ended December 31, 2010 was $10.1 million compared to net loss of $3.9 million for 2009.
Basic and diluted income per share for the year ended December 31, 2010 were $.64 and $.57, respectively, compared to basic and diluted loss per share of $.70 for 2009.
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