Hometown Bancorp Inc. reported earnings results for the fourth quarter and year ended December 31, 2009. For the quarter, the company announced earnings of $185,000 or $0.08 per basic and diluted share as compared to $13,000 or $0.01 per basic and diluted share for the same period in 2008. The increase in the fourth quarter net income is primarily due to higher net interest income. Net interest income increased by $199,000 or 13.0%, to $1.7 million compared to $1,531,000 in the prior year period. The primary reason for the increase in net interest income during the quarter ended December 31, 2009, was the decrease in the cost of interest-bearing liabilities of 103 basis points to 1.26% when compared to the three months ended December 31, 2008, partially offset by a decrease in the yield of interest-earning assets of 36 basis points to 5.85% for the three months ended December 31, 2009. Net interest income after provision for loan losses was $1,503,000 compared to $1,186,000 a year ago. Income before taxes was $302,000 compared to loss of $2,000 a year ago. Interest income was $2.1 million against $2.2 million a year ago. Return on average assets was 0.48% compared to 0.04% a year ago. Return on average equity was 3.83% compared to 0.27% a year ago. For the year ended December 31, 2009, the company reported net income of $585,000 or $0.26 per basic and diluted share compared to $565,000 or $0.25 per basic and diluted share for 2008. Net interest income increased by $201,000 to $6.4 million for compared to $6,227,000 in the prior year period. Net interest income after provision for loan losses was $5,772,000 compared to $5,648,000 a year ago. Income before taxes was $954,000 compared to $901,000 a year ago. Interest income was $8.3 million against $8.7 million a year ago. Return on average assets was 0.38% compared to 0.40% a year ago. Return on average equity was 3.06% compared to 2.99% a year ago. Book value per share was $8.29 compared to $8.05 a year ago. During the quarter, the company declared dividend of $0.02 per share compared to no dividend for the corresponding period a year ago.

The Board of Directors of Hometown Bancorp Inc. declared a cash dividend on the company's common stock of $0.02 per share. The dividend will be payable to stockholders of record as of February 5, 2010 and is expected to be paid on February 19, 2010.

Hometown Bancorp Inc. reported earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net interest income of $1,586,000, income before taxes of $235,000, net income of $145,000 or $0.06 basic and diluted per share as compared to net interest income of $1,668,000, income before taxes of $324,000, net income of $193,000 or $0.068 basic and diluted per share for the same period last year. Return on average assets was 0.38% and return on average equity of 0.03% as compared to return on average assets was 0.54% and return on average equity of 4.06% for the same period last year. For the nine months, the company reported net interest income of $4,698,000, income before taxes of $652,000, net income of $400,000 or $0.18 basic and diluted per share as compared to net interest income of $4,696,000, income before taxes of $902,000, net income of $552,000 or $0.24 basic and diluted per share for the same period last year. Return on average assets was 0.35% and return on average equity of 2.79% as compared to return on average assets was 0.54% and return on average equity of 3.91% for the same period last year. Book value per share was $8.22 as compared to $8.01 for the same period last year. On October 22, 2009, the board of directors of the company declared a cash dividend on the company's common stock of $0.02 per share. The dividend will be payable to stockholders of record as of November 5, 2009 and is expected to be paid on November 20, 2009.

HOMETOWN BANCORP,INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh

HOMETOWN BANCORP,INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits

HOMETOWN BANCORP,INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exh

HOMETOWN BANCORP,INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits

HOMETOWN BANCORP,INC. Files SEC form 10-K, Annual Report

HOMETOWN BANCORP,INC. Files SEC form 8-K, Results of Operations and Financial Condition

HOMETOWN BANCORP,INC. Files SEC form 8-K, Other Events, Financial Statements and Exhibits

HOMETOWN BANCORP,INC. Files SEC form 10-Q, Quarterly Report

HOMETOWN BANCORP,INC. Files SEC form 8-K, Changes in Registrant's Certifying Accountant, Financial Statements and Exh