CINCINNATI, March 4, 2011 /PRNewswire/ -- First Franklin
Corporation (Nasdaq: FFHS), the parent of Franklin Savings and
Loan Company, today reported a net loss of $176,000, or 10
cents per share for the fourth quarter of 2010 and
$1.57 million or 93 cents per share for the year ended
December 31, 2010. This compares to a
net loss of $674,000 or 40 cents per share for the fourth quarter of 2009
and $1.54 million or 92 cents per share for the year ended
December 31, 2009.
About First Franklin Corporation: First
Franklin Corporation is a savings and loan holding company that was
incorporated under the laws of the State
of Delaware in September 1987.
It owns all of the outstanding common stock of The Franklin Savings
and Loan Company. Additional information about First Franklin and
Franklin Savings can be found on the company's Web site:
www.franklinsavings.com.
Forward-Looking Statements: Statements included in this
document which are not historical or current facts are
"forward-looking statements" made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995,
and are subject to certain risks and uncertainties that could cause
actual results to differ materially from historical results. Such
statements may be identified by the use of the words "may",
"anticipates", "expects", "hopes", "believes", "plans", "intends"
and similar expressions. Factors that could cause financial
performance to differ materially from that expressed in any
forward-looking statement include, but are not limited to, credit
risk, interest rate risk, competition, changes in the regulatory
environment and changes in general and local business and economic
trends.
SOURCE First Franklin Corporation