Freedom Bank Earns $2.4 Million in 2010
Posted by admin in Finance Friday, 11 February 2011 02:29 No Comments
Freedom Bank Earns $2.4 Million in 2010
FAIRFAX, Va.–(BUSINESS WIRE)–Freedom Bank of Virginia (OTCBB:FDVA) reported Net Income of $2,433,514 in 2010. CEO, John T. Rohrback stated, “We are pleased to report the improved level of earnings achieved in 2010.” These unaudited results include Income of $1,821,514, before Income Taxes and a $612,000 tax benefit derived from a tax loss carry forward. Net Income in the Fourth Quarter of 2010 …
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