The parent company of Danville-based Central Kentucky Federal Savings Bank reported net earnings this week of $140,174 for the first quarter. That's down from $150,283 for the same period a year ago.
Earnings per share were 11 cents in the quarter compared to 12 cents a year ago.
The company's total assets fell from $140.9 million at the end of 2008 to $138.2 million at the end of the quarter.
In other news, the company said it has completed the repurchase of about 3 percent of its outstanding shares as part of a repurchase plan announced in July. It also said it plans to buy back 5 percent of the remaining outstanding shares beginning Monday.
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CKF is the parent company of Central Kentucky Federal Savings Bank in Danville and Lancaster.
Its stock trades over the counter as CKFB.OB.