Hilltop Community Bancorp, Inc. (HTBC) Reports Results for Third Quarter
Hilltop Community Bancorp, Inc. (HTBC) reported net income of $191,000, or $0.07 per share, for the third quarter of 2009 ending 9/30/2009. The bank earned $266,000, or $0.10 per share, in the same quarter last year. Hilltop Community Bancorp, Inc. issued preferred stock to the U.S. Treasury as part of the Troubled Asset Relief Plan (TARP) passed by Congress in 2008. The bank has not yet redeemed this issue and paid a dividend of $64,000 as required. Hilltop Community Bancorp, Inc. ended the quarter with assets of $167.5 million and loans of $110.81 million. The bank has set aside an…