Louisiana Bancorp (LABC) Reports Q2 EPS of $0.20

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Louisiana Bancorp, Inc. Announces Earnings for the Second Quarter

July 31, 2015 8:00 AM EDT

METAIRIE, La., July 31, 2015 (GLOBE NEWSWIRE) -- Louisiana Bancorp, Inc. (the "Company") (NASDAQ: LABC), the holding company for Bank of New Orleans (the "Bank"), announced today that the Company's net income for the quarter ended June 30, 2015 was $552,000, or $0.20 per diluted share, an increase of $33,000 from the second quarter of 2014. Net interest income was $2.8 million during the second quarter of 2015, an increase of $325,000 compared to the second quarter of 2014. In addition, our provision for loan losses increased by $81,000, our non-interest income increased by $197,000 and our non-interest expense increased by $398,000 between the respective quarterly periods ended June... More