High Country Bancorp Inc. announced audited earnings results for the fourth quarter and full year ended June 30, 2009. For the quarter, consolidated net income was $231,000, or $0.15 per share. This compares to $321,000 or $0.37 per share, for the three months ending June 30, 2008. For the quarter net interest income before provision for loan losses increased 1.1% compared to the prior year period. For the fiscal year ended June 30, 2009, net income was $685,000 or $0.80 per share compared to $1,354,000 or $1.57 in the previous fiscal year. The Company's prior annual fiscal results of operations were significantly impacted by a $1,325,000 provision for loan losses recorded during the period. For the year net interest income before provision for loan losses increased 4.7% compared to the prior year.

High Country Bancorp Inc. reported earnings results for the third quarter and nine months ended March 31, 2009. The company's consolidated net income was $285,000 or $0.33 per share. This compares to net income of $405,000 or $0.47 per share, for the three months ended March 31, 2008. The company's net interest income before provision for loan losses decreased by 0.27%, compared to the prior year period. For the nine months, the company's consolidated net income was $559,000 or $0.65 per share. This compares to $1,032,000 or $1.20 per share, for the prior year period. The results of the current three month and nine month were significantly impacted by provisions to the company's subsidiary bank's allowance for loan losses of $500,000 and $1,000,000, respectively. The company's net interest income before provision for loan loss increased by 6.00%, compared to the prior year. The board of directors of the company has declared a cash dividend in the amount of $0.30 per share to the stockholders of record at the close of business on May 15, 2009, payable on or about May 22, 2009. The per share dividend rate remains level with the previous dividend declared by the company in consideration of its core earnings.

High Country Bancorp Inc. announced consolidated earnings results for the second quarter and six months ended December 31, 2008. For the quarter, the company reported net loss was $16,000, or $0.03 per share compared to net income of $285,000 or $0.33 per share, for the three months ended December 31, 2007. For the six months ending December 31, 2008, consolidated net income was $272,000, or $0.32 per share. This compares to $628,000, or $0.73 per share, for the prior year period. The results of the current three-and six-month periods were significantly impacted by provisions to the company's subsidiary bank's allowance for loan losses of $100,000 and $400,000, respectively, during first and second quarters of the current fiscal year.