Business NewsMarketWire • Central Bancorp, Inc. Reports Financial Results for the Periods Ended September 30, 2010

Central Bancorp, Inc. Reports Financial Results for the Periods Ended September 30, 2010

Central Bancorp, Inc. Reports Financial Results for the Periods Ended September 30, 2010

SOMERVILLE, MA--(Marketwire - November 3, 2010) - Central Bancorp, Inc. (NASDAQ: CEBK) (the "Company") today reported that its net income for the six months ended September 30, 2010 was $1.1 million and net income available to common shareholders for the six months ended September 30, 2010 was $831 thousand, or $0.52 per diluted share, as compared to net income of $901 thousand and net income available to common shareholders of $596 thousand, or $0.40 per diluted share, for the comparable prior period. Net income for the quarter ended September 30, 2010 was $401 thousand and net income available to common shareholders for the quarter ended September 30, 2010 was $246 thousand, or $0.15 per diluted share, as compared to net income of $604 thousand and net income available to common shareholders of $451 thousand, or $0.30 per diluted share, for the comparable prior year quarter.

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