N.O. bank posts quarterly profit

Louisiana Bancorp Inc., the holding company for Bank of New Orleans, reported fourth-quarter net income of $725,000, or 26 cents per share, an increase of $140,000 from the fourth quarter of 2011.

For the year, the company reported net income of $2.5 million, or 90 cents per share, compared to net income of $2.1 million, or 70 cents per share for 2011.

More Stories