BankFinancial Corporation (Nasdaq:BFIN - News) ("BankFinancial") reported a net loss of $1.6 million and basic loss per share of $0.08 for the three months ended December 31, 2009, compared to net income of $7.9 million and basic earnings per share of $0.40 for the three months ended December 31, 2008.

BankFinancial's operating results for the fourth quarter of 2009 included a $4.2 million provision for loan losses, a $412,000 increase in FDIC expense and $988,000 pre-tax loss we recorded in connection with the sale of our Freddie Mac preferred stocks. The impact of these items was partially offset by a $1.3 million gain recognized on BankFinancial's sale of its merchant processing operations in the fourth quarter of 2009. [Read the full article]

BankFinancial Corp. on Monday reported a fourth-quarter loss due to a larger provision for loan losses, higher expenses and an investment loss. Last year's quarter was inflated by a $10.1 million tax benefit.

The company lost $1.6 million, or 8 cents per share, compared to a profit of $7.9 million, or 40 cents per share, in the prior-year quarter.

BankFinancial set aside $4.2 million for loan losses, up from $3.5 million in the 2008 quarter. It also paid $412,000 more in FDIC expenses and suffered a $988,000 pretax loss on the sale of Freddie Mac preferred shares.

Net interest income, or money earned from deposits, fell to $9.3 million from $9.8 million, while noninterest income, or money earned from fees and charges, rose to $2.1 million from $1.9 million.

For the year, BankFinancial said it lost $738,000, or 4 cents per share, which included $8.8 million in loan loss provision. [Read the full article]

CKF Bancorp, Inc. (OTCBB:CKFB - News), parent company of Central Kentucky Federal Savings Bank, reported a consolidated net loss of $130,844 for the three months ended December 31, 2009 compared to a loss of $203,512 for the three months ended December 31, 2008. The diluted loss per share was $.10 for the three months ended December 31, 2009 compared to a diluted loss per share of $.16 for the three months ended December 31, 2008. The losses in the three month periods ended December 31, 2009 and 2008 were related to provisions for loan losses.

CKF Bancorp, Inc. consolidated net earnings for the twelve months ending December 31, 2009 were $130,605 compared to a net loss of $839,993 for the twelve months ended December 31, 2008. [Read the full article]

REACH: Delta is the world's biggest airline. It has a joint venture with Air France-KLM, as well as partnerships with other foreign carriers through its SkyTeam alliance.

GROWTH: Delta is talking to other carriers about expanding its global alliances. Among other things, it wants to increase its foothold in Asia.

WHAT'S AHEAD: New York is key for Delta as it expands domestically and internationally. Delta has a deal with US Airways to swap takeoff and landing slots at LaGuardia Airport. It is encouraging officials to upgrade the facilities at John F. Kennedy International Airport for its international flights. [Read the full article]