On November 9, 2009, MSB Financial Corp. held its Annual Meeting of Stockholders. Stockholders approved the election of Gary T. Jolliffe and Albert N. Olsen as directors.

MSB Financial Corp. reported unaudited earnings results for the first quarter ended September 30, 2009. For the quarter, the company reported net income of $194,000 or $0.04 per basic and diluted share, compared to net income of $171,000 or $0.03 per basic and diluted share for the quarter ended September 30, 2008. The increase was primarily due to an increase in net interest income offset by increases in the provision for loan losses and non-interest expense. Net interest income was $2.5 million, as compared to $2.1 million for the quarter ended September 30, 2008, primarily due to a reduction in interest expense attributed to a reduction in average cost of funds. The provision for loan losses was $345,000, an increase over the $65,000 provided during the quarter ended September 30, 2008. The increase is largely the result of increases in the loan portfolio and the balance of nonperforming loans. Income before taxes was $313,000, compared to $277,000 for the same period last year. Total interest income was $4,280,000, compared to $4,161,000 for the same period last year. Return on average assets was 0.22%, compared to 0.22% for the same period last year. Return on average equity was 1.89%, compared to 1.60% for the same period last year.

MSB Financial Corp., Annual General Meeting, Nov 09, 2009, at 14:00 US Eastern Time. Location: The Grain House at The Olde Mill Inn, 225 Route 202 North, Basking Ridge, NJ 07920, United States. Agenda: To elect two directors; to ratify the appointment of ParenteBeard, LLC as independent auditors for the year ending June 30, 2010; to approve an amendment to the company's 2008 stock compensation and incentive plan; and consider the transaction of such other business as may properly come before the meeting, or any adjournments thereof.