Georgetown Bancorp (GTWN) Reports Q2 EPS of $0.21

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Georgetown Bancorp, Inc. Reports Earnings and Announces Quarterly Cash Dividend

July 28, 2015 12:30 PM EDT

GEORGETOWN, Mass.--(BUSINESS WIRE)-- Georgetown Bancorp, Inc. (NASDAQ: GTWN) (the Company), holding company for Georgetown Bank (the Bank), reported net income for the three months ended June 30, 2015 of $363,000, or $0.21 per basic and diluted share, compared to net income of $374,000, or $0.21 per basic and diluted share, for the three months ended June 30, 2014. Net income for the six months ended June 30, 2015 was $613,000, or $0.35 per basic and diluted share, compared to net income of $649,000, or $0.37 per basic and diluted share, for the six months ended June 30, 2014.

Robert E. Balletto, President and Chief Executive Officer, said,... More