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GS Financial Q2 Profit Declines - Quick Facts

July 23, 2010, Friday, 22:16 GMT | 17:16 EST | 02:46 IST | 05:16 SGT

(RTTNews) - Friday, GS Financial Corp. (GSLA) reported second-quarter net income of $0.14 million or $0.11 per share, compared to earnings of $0.50 million or $0.40 per share in the same quarter last year.

Net interest income for the quarter was $2.4 million, up 21.4% from $1.9 million in the comparable quarter last year. Non-interest income was $0.43 million 13.4%, from $493,000 for the second quarter of 2009.

GS Financial Corp. operates as the savings and loan holding company for Guaranty Savings Bank. It engages in the community banking to serve commercial, small business, and retail customers in metropolitan New Orleans area.

GSLA closed Friday's trading at $10.90, up $0.68 or 6.65%, on a volume of 100 share in the Nasdaq