United Community Bancorp (UCBA) Reports Q1 Earnings
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United Community Bancorp (Nasdaq: UCBA) reported Q1 earnings of $0.05 per diluted share compared to a net loss of $0.03 per share, for the same quarter last year.
The increase in net income was primarily a result of a decrease of $645,000, or 65.8%, in the provision for loan losses during the quarter ended September 30, 2008 compared to the prior year quarter.
United Community Bancorp is the holding company of United Community Bank headquartered in Lawrenceburg, Indiana. The Bank currently operates six offices in Dearborn County, Indiana.[SM]
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