Mayflower Bancorp Inc. reported earnings results for the first quarter ended July 31, 2009. The company reported net income for the quarter was $232,000, down $250,000 for the same quarter the previous year (2007-2008).

Mayflower Bancorp Inc. reported consolidated earnings results for the first quarter ended July 31, 2009. For the period, the company's net interest income was $1,838,000 against $1,793,000 a year ago. Income before income taxes was $334,000 against $348,000 a year ago. Net income was $232,000 or $0.11 per basic and diluted share against $250,000 or $0.12 per basic and diluted share a year ago. Annualized return on average assets was 0.38% against 0.41% a year ago. Annualized return on average equity was 4.78% against 5.12% a year ago. Book value per share as on July 31, 2009 was $9.49 against $9.27 as on April 30, 2009. The company's board of directors has declared a quarterly cash dividend of $0.06 per share to be payable on September 8, 2009, to shareholders of record as of September 1, 2009. The company's most recent dividend was $0.10 per share and was paid on June 16, 2009.

Mayflower Bancorp Inc., Annual General Meeting, Aug 25, 2009, at 10:00 US Eastern Time. Location: The Fireside Grille, 30 Bedford Street, Middleboro, Massachusetts, United States. Agenda: To elect four directors to serve for a term of three years; and to consider such other business as may properly come before the meeting.