Community Financial Corp. reported earnings results for the second quarter and six months ended September 30, 2009. For the quarter, the company reported earnings of $1,122,000 or $0.26 per diluted share compared to a loss of $10,490,000 or $2.41 per diluted share for the same period last year. Total interest income decreased $175,000, or 2.4% during the September 30, 2009 quarter compared to the September 30, 2008 as a result of the decrease in rates earned on these assets offset by an increase in the volume of interest earning assets. Net income available to common stockholders was $934,000 against loss of $10,490,000 last year. Return on average equity was 9.47% against negative return of 30.41% last year. Return on average assets was 0.84% against negative return of 2.13% last year. Net interest income was $5,139,000 against $4,034,000 for the same period a year ago. For the six months, the company reported net income of $1,842,000 or $0.42 diluted per share compared to loss of $9,525,000 or $2.19 diluted loss per share for the six months ended September 30, 2008. Interest income was $14,066,000 against $14,822,000 last year. Net income available to common stockholders was $1,466,000 against loss of $9,524,000 last year. Return on average equity was 7.78% against negative return of 48.53% last year. Return on average assets was 0.70% against negative return of 3.88% last year. Net interest income was $14,066,000 against $14,822,000 for the same period a year ago.

Community Financial Corp. reported earnings results for the first quarter ended June 30, 2009. For the quarter, the company reported earnings of $720,000 or $0.12 per diluted common share compared to $965,000 or $0.22 per diluted common share for the same period last year. The decrease in net income for the current quarter compared to the June 30, 2008 quarter was due primarily to an increase in non-interest expenses partially offset by an increase in the net interest income. Total interest income decreased $581,000 during the June 30, 2009 quarter compared to the June 30, 2008 quarter as a result of the decrease in rates earned on interest earning assets, the elimination of the dividends on Fannie Mae and Freddie Mac preferred stock and on Federal Home Loan Bank stock partially offset by an increase in the volume of loan portfolio. Net income available to common stockholders was $532,000 against $965,000 in the same period of last year. Net interest income was $4,457,000 against $4,007,000 in the same period of last year. Return on average equity was 6.14% against 9.86% in the same period of last year. Return on average assets was 0.55% against 0.80% in the same period of last year.

Community Financial Corp., Annual General Meeting, Jul 29, 2009, at 18:30 Eastern Daylight. Location: 38 North Central Avenue, Staunton, VA 24401, United States. Agenda: To elect four directors, three of whom shall be elected for a term of three years and one who shall be elected for a term of one year; to approve an advisory (nonbinding) resolution to approve executive compensation; and to transact any other business that may properly come before the annual meeting and any adjournments thereof.