WSB Holdings (WSB) Reports a Q1 Loss
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WSB Holdings, Inc. (Nasdaq: WSB) reports a Q2 loss of $0.01 compared to $0.06 for the same period last year.
Without the special assessment, WSB's net income would have been approximately $92,000 for the second quarter ending June 30, 2009. Additionally, WSB allocated $250,000 to its Allowance for Loan Losses and recognized an expense on our real estate owned properties of approximately $82,000 during the quarter ending June 30, 2009. [SM]
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