Stockholders of FSB Community Bankshares, Inc, the mid-tier holding company of Farport Savings Bank, earned 2 cents a share, up a penny in the second quarter on announced net income of $29,000, up 164 percent from the $11,000 earned during the same period a year ago.
The report released yesterday says earnings suffered by $70,000 in other expenses, a $16,000 increase in the provision for loan losses and a $7,000 decrease in income tax benefit.
Fairport ranks 15th in the Rochester market with five branches.