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(TDCB.OB) Mutual Savings Bank Reports Net Loss of 2.1 Million

Other income decreased $335,000, or 25.95%, to $956,000 in 2010 from $1.3 million in 2009. The primary reason for the decrease in other income was the decrease of $152,000, or 52.05%, in net gains on loans sold into the secondary market to $140,000 for the year ended December 31, 2010 as compared to $292,000 for the year ended December 31, 2009. In 2010, Mutual Savings Bank sold $9.7 million of loans into the secondary market as compared to $14.2 million of such sales in 2009.

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