Elmira Savings Bank, FSB (Nasdaq:

) today announced net income for the nine months ended September 30, 2010 totaling $3,607,000 or $1.27 per diluted share, compared to the $3,273,000 of net income or $1.15 per diluted share reported for the same period in 2009. This represents a 10% or $334,000 increase in net income and a 10% increase in diluted earnings per share. Net income for the three months ended September 30, 2010 totaled $1,295,000 or $.47 per diluted share compared to $1,156,000 or $.40 per diluted share for the same period in 2009. This represents a 12% or $139,000 increase in net income and an 18% increase in diluted earnings per share.