ESB Financial Corp. (ESBF), the parent company of ESB Bank, reported a decline in profit for the fourth quarter. For the quarter, net income attributable to the company for the quarter was $3.0 million or $0.21 per share, compared to $3.4 million or $0.23 per share in the prior-year period.
Net interest income for the quarter increased marginally to $10.96 million from $10.40 million in the comparable quarter last year, while non-interest loss for the quarter was $59 thousand, compared to a non-interest income of $1.6 million in the year-ago period.
The decrease in non-interest income for the quarter ended December 31, 2011 was primarily the result of impairment charges on real estate joint ventures, investment securities and derivatives.
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