Community Financial Corp. Reports Operating Results (10-Q)

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Nov 14, 2011
Community Financial Corp. (CFFC, Financial) filed Quarterly Report for the period ended 2011-09-30.

Community Financial Corp. has a market cap of $11.56 million; its shares were traded at around $2.6499 with a P/E ratio of 37.86 and P/S ratio of 0.36.

Highlight of Business Operations:

Net interest income for the quarter ended September 30, 2011 increased $421,000, or 7.9%, to $5.7 million compared to the quarter ended September 30, 2010. Net interest income, which is the difference between the interest income we earn on our interest-earning assets, such as loans and investment securities, and the interest we pay on interest-bearing liabilities, which are primarily deposits and borrowings. The primary factor contributing to the increase in net interest income for the quarter ended September 30, 2011 was lower rates paid on interest-bearing liabilities.

Interest Income. Total interest income decreased $173,000, or 2.5% to $6.6 million for the three months ended September 30, 2011, from $6.8 million for the three months ended September 30, 2010, due to a decrease in the volume of our portfolio. The average yield earned on interest-earning assets was 5.53% for the three months ended September 30, 2011 compared to 5.58% for the three months ended September 30, 2010.

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