Home Savings earnings up more than $1M over 2014 quarter

Staff report

YOUNGSTOWN

Youngstown-based Home Savings & Loan Co. reported earnings of $3.7 million in the first quarter of 2015, Home Savings’ parent company United Community Financial Corp. announced.

That’s a 76 percent increase from earnings of $2.1 million generated in the same quarter last year.

“Performance for the first quarter was in line with our expectations, and we were very pleased with the continued improvement in pre-tax earnings, topping $5.5 million for the quarter,” Gary M. Small, president and CEO of United Community and Home Savings, said today.

Home Savings is a wholly-owned subsidiary of the United

Community and operates 32 full-service banking offices and nine loan production offices in Ohio and western Pennsylvania.

Read more about the report in Wednesday's Vindicator or on Vindy.com.