ROME, N.Y., July 23, 2008 (PRIME NEWSWIRE) -- Rome Bancorp, Inc. (the "Company") (Nasdaq:ROME), the holding company of The Rome Savings Bank (the "Bank"), announced today the Company's results of operations for the three and six month periods ended June 30, 2008. Net income for the Company for the three-month period ended June 30, 2008 increased to $780,000, or $0.11 per diluted share, from $747,000, or $0.09 per diluted share for the same period in 2007. This is a record high second quarter earnings per share figure for the Company since its inception in 1999. The increase in net income over the second quarter of 2007 was primarily attributable to an increase in non-interest income of $22,000 and a decrease in non-interest expense of $83,000, which were partially offset by a decrease in net interest income of $72,000....
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