Home Savings announces 2nd-quarter results

July 21, 2015 at 5:35p.m.

YOUNGSTOWN — United Community Financial Corp., parent company of Youngstown-based Home Savings & Loan Co., announced a net income for its second quarter totaling $4.1 million or $0.084 per diluted common share.

This is down from the $42.4 million or $0.835 per common share generated for the same quarter last year.

Total loans increased by $90.7 million to $1.3 billion at June 30, 2015 compared with Dec. 31, 2014. Commercial loans drove this increase by 23.9 percent, or $60.4 million.

Residential loans increased 3.5 percent for the first six months of 2015.

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