Earnings drop for Home Savings parent company


July 17, 2008 at 11:41a.m.

Earnings drop for Home Savings parent company

YOUNGSTOWN — The parent company of Home Savings and Loan Co. and Butler Wick Corp. reported lower earnings in the second quarter.

United Community Financial Corp.,. which is based in Youngstown, earned $2.7 million, or 10 cents a share, in the quarter that ended June 30. In the same quarter last year, it earned $3.9 million, or 13 cents a share.

For the first half of the year, the company earned $6.8 million, or 24 cents a share, compared with earnings of $8.6 million, or 29 cents a share, in the first half of last year.

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