GS Financial Corp. Announces Fourth Quarter and Year End Results ...

A significant portion of the increase in nonperforming loans is attributable to delinquencies on smaller balance loans secured by one-to-four family, residential real estate located in New Orleans, Louisiana, and its neighboring parishes. ... The quarterly and annual increases in noninterest income when comparing the respective periods ended December 31, 2010 and December 31, 2009 were primarily due to the recognition of gains on the sales of investment securities in 2010 ...

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