Town Center Bank Reports 2nd Quarter Results

TOWN CENTER BANK

REPORTS JUNE 30, 2013 RESULTS

New Lenox, IL, July 25, 2013 ? Town Center Bank (the ?Bank?) (TCNB), today announced its financial results for the three and six months ended June 30, 2013. There was a net loss of $70,000 and $116,000 for the three months ended June 30, 2013 and 2012, respectively. The improvement in operating results for the quarter is primarily due to not realizing an other real estate valuation provision that impacts the income statement offset by less interest income earned on loans. There was a net loss of $187,000 and $276,000 for the six months ended June 30, 2013 and 2012, respectively. The improvement in operating results is due primarily to not realizing an other real estate valuation provision that impacts the income statement as well as a $193,000 FHLB prepayment penalty offset by less interest income earned on loans.

Town Center Bank (QX) (USOTC:TCNB)
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