HMN Financial (HMNF) Reports Q1 EPS of $0.08

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HMN Financial, Inc. Announces First Quarter Results

April 20, 2015 11:30 PM EDT

First Quarter Highlights

Net income of $0.5 million, a decrease of $1.1 million, compared to net income of $1.6 million in the first quarter of 2014 Diluted earnings per common share of $0.08, a decrease of $0.16, compared to diluted earnings per common share of $0.24 in the first quarter of 2014 Provision for loan losses of $0, an increase of $1.6 million compared to the $1.6 million credit provision for loan losses in first quarter of 2014 Non-performing assets of $13.0 million, a decrease of $1.0 million, or 7.6% from $14.0 million at December 31, 2014 Remaining $10 million of Preferred... More