Home Federal Bancorp Slips To Loss In Q4 - Quick Facts

(RTTNews) - Home Federal Bancorp Inc. (HOME), the parent company of Home Federal Bank, Friday reported a fourth-quarter net loss of $2.3 million or $0.17 per share, compared to net income of $219 thousand or $0.02 per share in the same period a year ago.

Analysts polled by Thomson Reuters expected the company to report a loss of $0.10 per share. Analysts' estimates typically exclude special items.

Net-interest income increased to $11.6 million from $11.1 million last year. Total non-interest income was a negative of $436 thousand, compared to $333 million last year.

The company recorded a negative provision for loan losses of $933 thousand, compared to a provision of $653 thousand last year.