Hibernia Homestead Bancorp Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. The company reported a net loss of $56,000 for the quarter ended September 30, 2009 compared to a net loss of $135,000 for the quarter ended September 30, 2008. Net interest income increased 41.9% to $515,000 for the quarter ended September 30, 2009 from $363,000 for quarter ended September 30, 2008. The increased net interest income was primarily due to a $98,000, or 21.6%, increase in interest income from loans, including a $54,000 increase due to the introduction of commercial lending during 2009. The increase in interest income from loans was partially offset by lower interest income on investments. Also contributing to the increased net interest income was a $93,000, or 41.0%, decrease in interest expense on deposits. Non-interest income for the third quarter of 2009 increased $89,000 from the same period in 2008 primarily due to a gain on the sale of investments of $83,000. For the quarter, the company reported total interest income of $649,000 and loss before provision for income taxes of $86,000 or $0.05 per diluted share compared to total interest income of $590,000 and loss before provision for income taxes of $204,000 for the same period a year ago. For the nine months, the company reported total interest income of $1,879,000 and loss before provision for income taxes of $380,000 or $0.23 per diluted share compared to total interest income of $1,792,000 and loss before provision for income taxes of $544,000 for the same period a year ago. For the nine months ended September 30, 2009, the company reported a net loss of $251,000 compared to a net loss of $359,000 for the nine months ended September 30, 2008. For the nine months ended September 30, 2009, net interest income increased 39.8% to $1.4 million from $1.0 million for the same period in 2008, primarily due to a $317,000, or 41.9%, decrease in interest expense on deposits and a $178,000, or 13.3%, increase in interest income from loans. The increase in interest income from loans was partially offset by a $94,000 decrease in interest income from investments. Non-interest expense for the nine months ended September 30, 2009 increased 15.5% to $1.9 million from $1.7 million for the nine months ended September 30, 2008. The increase in non-interest expense for the nine months ended September 30, 2009 was due primarily to higher personnel expense, professional fees, data processing costs, occupancy expense, insurance expenses and expenses related to foreclosed property.

Hibernia Homestead Bancorp Inc. reported consolidated earnings results for the Second Quarter and Six months ended June 30, 2009. The company reported a net loss of $83,000 for the quarter ended June 30, 2009 compared to a net loss of $110,000 for the quarter ended June 30, 2008. Net interest income increased 44.2% to $493,000 for the quarter ended June 30, 2009 from $342,000 for quarter ended June 30, 2008. The increased net interest income was primarily due to a $117,000, or 46.4%, decrease in interest expense as well as higher loan income, partially offset by lower interest income on investments. For the quarter, the company reported of $0.08 loss per share and loss before income tax of $127,000 compared to loss before income tax of $167,000 for the same period a year ago. For the six months ended June 30, 2009, the Company reported a net loss of $195,000 compared to a net loss of $224,000 for the six months ended June 30, 2008. For the six months ended June 30, 2009, net interest income increased 39.0% to $926,000 from $666,000 for the same period in 2008, primarily due to a $231,000, or 43.1% decrease in interest expense. For the six months, the company reported of $0.18 loss per share and loss before income tax of $295,000 compared to loss before income tax of $339,000 for the same period a year ago.

Hibernia Homestead Bancorp Inc., Annual General Meeting, Jul 30, 2009, at 10:00 Central Daylight. Location: Hibernia Homestead Bank Main Office, 325 Carondelet Street, New Orleans, LA 70130,United States. Agenda: To elect three directors for a three-year term expiring in 2012 and until their successors are elected and qualified; to consider and approve the adoption of the 2009 Stock Option Plan; to consider and approve the adoption of the 2009 Recognition and Retention Plan and Trust Agreement; to ratify the appointment of LaPorte Sehrt Romig & Hand as independent registered public accounting firm for the year ending December 31, 2009; and to transact such other business, as may properly come before the meeting or at any adjournment thereof.