New Jersey Community Bank is in the StockGuru Spotlight for October 21, 2010

New Jersey Community Bank is in the StockGuru Spotlight for October 21, 2010

DALLAS, TEXAS : StockGuru announces that New Jersey Community Bank (OTCBB: NJCB) is in the StockGuru Spotlight.    New Jersey Community Bank is a state-chartered commercial bank headquartered in Freehold, New Jersey. The Bank operates two full-service banking offices in the central New Jersey county of Monmouth. The Bank provides traditional commercial and retail banking services to small businesses and consumers.

On Wednesday, the company put out news announcing net income of $101 thousand, or $0.06 per common share for the three months ended September 30, 2010, compared with a net loss of ($219) thousand, or ($0.13) per common share for the same period in the prior year. Robert D. O’Donnell, Chairman and CEO commented that, “The economy continues to struggle, as high unemployment rates, lower real estate values and low interest rates contribute to a stagnant business climate. We remain committed to meeting our clientele’s financial needs through these difficult times, while adhering to our consistent underwriting standards.” 

Shares for New Jersey Community Bank (OTCBB: NJCB) were up during the late afternoon of trading on Wednesday and closed up ten cents at closing.


To view our StockGuru Spotlight on New Jersey Community Bank (OTCBB: NJCB), please visit: http://www.stockguru.com/category/latest-spotlights/

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