Bank News

Huron Valley State Bank Reports Fourth Quarter And Year End 2010 Results

MILFORD, MI, February 28, 2011 — Huron Valley State Bank (OTCBB:HVLM) announced 2010 fourth quarter net income of $127,000, or $0.15 per diluted share, compared to net income of $33,000, or $0.04 per diluted share, in the third quarter of 2010 and a net loss of $186,000 or ($0.23) per diluted share, in the fourth quarter of 2009. Net income was $211,000 or $0.26 per diluted share, for the twelve months ended December 31, 2010, compared to a net loss of $538,000 or ($0.66) per diluted share, for the twelve months ended December 31, 2009.

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