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YORK FINANCIAL ANNOUNCES THIRD QUARTER EARNINGS

 YORK FINANCIAL ANNOUNCES THIRD QUARTER EARNINGS
 YORK, Pa., April 21 /PRNewswire/ -- York Financial Corp.


(NASDAQ: YFED), parent company of York Federal Savings and Loan Association, today announced net income for the third quarter ending March 31, 1992, of $1,782,000 or $.48 per share.
 This is an increase of 61.3 percent as compared to net income of $1,105,000 or $.31 per share in the same quarter of the previous year. Year-to-date earnings for the nine months ended March 31, 1992, were $5,355,000 or $1.45 per share vs. $4,013,000 or $1.12 per share for the prior year-to-date period.
 YORK FINANCIAL CORP.
 (In thousands)
 Periods ended Three months Nine months
 March 31 1992 1991 1992 1991
 Net interest income $7,228 $5,789 $21,313 $17,581
 Provision for loan
 losses 660 450 2,360 1,395
 Net interest income
 after provision for
 loan losses 6,568 5,339 18,953 16,186
 Other income 1,880 1,597 5,642 4,876
 Other expenses 5,231 4,898 14,980 13,819
 Income before
 income taxes 3,217 2,038 9,615 7,243
 Provision for income
 taxes 1,435 933 4,260 3,230
 Net income 1,782 1,105 5,355 4,013
 Net income per share $.48 $.31 $1.45 $1.12
 Weighted average
 shares 3,704,164 3,589,278 3,679,649 3,572,193
 York Financial Corp. has assets in excess of $864 million and its principal subsidiary, York Federal Savings and Loan Association, operates 18 branches in southcentral Pennsylvania and two branches in Harford County, Md. York Financial is the largest independent financial institution headquartered in York County, Pa.
 /delval/
 -0- 4/21/92
 /CONTACT: Robert W. Pullo, president of York Financial, 717-846-8777/
 (YFED) CO: York Financial Corporation ST: Pennsylvania IN: FIN SU: ERN


MK-LJ -- PH010 -- 0433 04/21/92 09:24 EDT
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Publication:PR Newswire
Date:Apr 21, 1992
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