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5th Annual Georgetown Field of Honor to include Traveling Vietnam Memorial Wall
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Topeka business owners support Bring Back the Boulevard cleanup
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Peoples Bank will have tripled in size since 2013 after completing latest acquisition of Illinois bank
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Alabama Credit Union to acquire Security Federal Savings Bank of Jasper, Alabama
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ROCHESTER, Minn., July 20, 2021 (GLOBE NEWSWIRE) HMN Financial, Inc. (HMN or the Company) (Nasdaq:HMNF), the $981 million holding company for Home Federal Savings Bank (the Bank), today reported net income of $4.5 million for the second quarter of 2021, an increase of $1.8 million, compared to net income of $2.7 million for the second quarter of 2020. Diluted earnings per share for the second quarter of 2021 was $1.00, an increase of $0.42 from the diluted earnings per share of $0.58 for the second quarter of 2020. The increase in net income between the periods was primarily because of a $1.6 million increase in other non-interest income primarily related to a gain that was realized on the sale of real estate owned, a $1.2 million decrease in the provision