First Advantage Bancorp. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2009. The company announced net loss of $340,000, or $0.08 per basic and diluted share for the quarter ended December 31, 2009, compared to net income of $299,000, or $0.06 per diluted share for the quarter ended December 31, 2008. The Company recognized non-cash other-than-temporary impairment charges of $1.1 million pre-tax ($673,000 after-tax) in the fourth quarter of 2009 on the remaining balance of its investment in pooled trust preferred securities which reduced the Company's book value of the securities to approximately $30,000. Net interest income for the quarter ended December 31, 2009 totaled $2.9 million compared to $2.7 million for the quarter ended December 31, 2008, an increase of $229,000 or 8.6%. The company reported loss before income taxes expenses of $577,000 on interest and dividend income of $4.390 million compared to income before income taxes expenses of $526,000 on interest and dividend income of $4.439 million for the same period of last year. The company reported return on average assets of negative 0.38% and return on average common shareholders equity of negative 1.90% compared to return on average assets of 0.36% and return on average common shareholders equity of 1.74% for the same period of last year. The company announced net income of $360,000, or $0.08 per basic and diluted share, for the year ended December 31, 2009 compared to a net loss of $8.1 million, or $1.73 per basic and diluted share for the year ended December 31, 2008. For the twelve month period ended December 31, 2009, net interest income totaled $10.9 million compared to $10.7 million for the twelve months ended December 31, 2008, an increase of $182,000 or 1.7%. The increase in net interest income was primarily due to a decrease in interest expense. Book value per common share was $15.77 as of December 31, 2009 compared to book value per common share of $15.29 as of December 31, 2008. The company reported income before income taxes expenses of $495,000 on interest and dividend income of $17.232 million compared to loss before income taxes expenses of $13.943 million on interest and dividend income of $17.285 million for the same period of last year. The company reported return on average assets of 0.10% and return on average common shareholders equity of 0.51% compared to return on average assets of negative 2.60% and return on average common shareholders equity of negative 10.65% for the same period of last year. The company recorded net charge-offs of $176,000 for the fourth quarter of 2009 compared to 2,000 for the same period of 2008.

First Advantage Bancorp. declared a quarterly cash dividend of $0.05 per outstanding share of common stock. The dividend will be paid on or about February 15, 2010 to stockholders of record as of the close of business on February 1, 2010.

First Advantage Bancorp., Annual General Meeting, May 19, 2010, at 13:00 US Central Time. Location: First Federal Savings Bank, North Clarksville Branch, 1800 Ft. Campbell Blvd., Clarksville, Tennessee, United States.

First Advantage Bancorp Reports 2009 Year End and Fourth Quarter Results

First Advantage Bancorp Announces Second Stock Repurchase Program

First Advantage Bancorp Announces Second Stock Repurchase Program

FIRST ADVANTAGE BANCORP Files SEC form 10-K, Annual Report

FIRST ADVANTAGE BANCORP Files SEC form 8-K, Other Events

First Advantage Bancorp Reports 2009 Year End and Fourth Quarter Results

First Advantage Bancorp Reports 2009 Year End and Fourth Quarter Results

FIRST ADVANTAGE BANCORP Files SEC form 8-K, Results of Operations and Financial Condition

FIRST ADVANTAGE BANCORP Files SEC form 8-K, Other Events

FIRST ADVANTAGE BANCORP Files SEC form 8-K, Material Impairments

First Advantage Bancorp Reports Second Quarter 2009 Results

FIRST ADVANTAGE BANCORP Files SEC form 10-Q, Quarterly Report

FIRST ADVANTAGE BANCORP Files SEC form 8-K, Results of Operations and Financial Condition

FIRST ADVANTAGE BANCORP Files SEC form 8-K, Entry into a Material Definitive Agreement

First Advantage Bancorp Announces 2009 Third Quarter Earnings

FIRST ADVANTAGE BANCORP Files SEC form 8-K, Regulation FD Disclosure

FIRST ADVANTAGE BANCORP Files SEC form 10-Q, Quarterly Report

FIRST ADVANTAGE BANCORP Files SEC form 8-K, Results of Operations and Financial Condition