First Advantage Bancorp (FABK), the holding company for First Advantage Bank, reported second-quarter net income of $595,000 or $0.14 per share, up from $486,000 or $0.11 per share in the comparable quarter last year.
Net interest income for the latest quarter rose 6.7 percent to $3.7 million from $3.4 million last year, while non-interest income declined slightly to $669,000 from last year's $683,000 in the same quarter.
Net interest margin for the quarter was 4.26 percent, compared to 4.24 percent last year.
Provision for loan loss for the quarter increased to $239,000 from $233,000 in the year-ago quarter.
The Board of Directors of the company declared a quarterly cash dividend of $0.05 per share, payable on or about August 17 to stockholders of record as of business on August 6.
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