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Oak Ridge Financial Services Announces “Near Record” Second ......
Submitted by admin on Fri, 2008-08-08 01:30.For the six months ended June 30, 2008, the Company reported an increase in net income of 44 percent to $445,000 compared to $308,000 for the same period in 2007. Net income per diluted share increased 47 percent to $0.25 compared to $0.17 for the prior year period. Annualized returns on average assets and average equity were 0.32 percent and 5.08 percent, respectively, for the six months ended...