CW Bancorp (CWBK)

[Enterprising Investor]

Efficiency ratio continues to trend downward.

The Bank’s efficiency ratio for the three months ended June 30, 2012 was 59.01% compared to 83.78% in 2011, which represents a decrease of 30%. The efficiency ratio illustrates, that for every dollar the Bank made for the three month period ending June 30, 2012, the Bank spent $0.59 to make it, as compared to $0.84 one year ago.

[So many banks. So little time.]