Covina, CA - August 27, 2010. K-Fed Bancorp (NASDAQ: KFED) (the Company), the parent company of Kaiser Federal Bank (the Bank), reported net income of $3.3 million, or $0.26 per diluted share for the year ended June 30, 2010. This compares to net income of $4.7 million, or $0.36 per diluted share for the year ended June 30, 2009. The decrease in net income primarily resulted from an increase in the provision for loan losses, partially offset by an increase in net interest income.
Covina, California - August 3, 2010 - K-Fed Bancorp (NASDAQ: KFED) announced today that on July 31, 2010 its Board of Directors declared a quarterly cash dividend of $0.11 per share on its common stock. The dividend will be paid on August 31, 2010 to the shareholders of record as of the close of business on August 17, 2010.
Covina, CA - May 28, 2010 - K-Fed Bancorp (NASDAQ: KFED), the parent company for Kaiser Federal Bank, today announced that it has adopted a plan to reorganize from a two-tier mutual holding company to a full stock holding company and undertake a "second-step" offering of additional shares of common stock.
Covina, CA - May 3, 2010. K-Fed Bancorp (NASDAQ: KFED) (the Company), the parent company of Kaiser Federal Bank (the Bank), reported net income of $1.1 million, or $0.08 per diluted share for the quarter ended March, 31, 2010 and $1.3 million, or $0.10 per diluted share for the nine months then ended. This compares to net income of $1.2 million, or $0.09 per diluted share for the quarter ended March 31, 2009 and $3.5 million, or $0.27 per diluted share for the nine months then ended. The primary reason for the decline in net income was an increase in the provision for loan losses for the three and nine months ended March 31, 2010.
Covina, California - April 27, 2010 - K-Fed Bancorp (NASDAQ: KFED) announced today that on April 24, 2010 its Board of Directors declared a quarterly cash dividend of $0.11 per share on its common stock. The dividend will be paid on May 26, 2010 to the shareholders of record as of the close of business on May 10, 2010.
Covina, CA - February 02, 2010. K-FED Bancorp (NASDAQ: KFED) (the Company), the parent company of Kaiser Federal Bank (the Bank), reported a net loss of $1.2 million or $0.09 per diluted share for the quarter ended December 31, 2009 and net income of $204,000 or $0.02 per diluted share for the six months then ended.
Covina, California - January 25, 2010 - K-Fed Bancorp (NASDAQ: KFED) announced today that on January 23, 2010 its Board of Directors declared a quarterly cash dividend of $0.11 per share on its common stock.
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