Replies to post #2 on Liberty Bell Bank (fka LBBB)

[genlou]

Salty,LBBB was robbed without a gun.

The loss for the three months ended June 30, 2013 is primarily due to the Bank being a victim of a check kiting scheme by one of its commercial deposit and loan customers. As a result of this check kiting, the Bank recognized approximately $2.1 million ($.60 per diluted share) as a loan charge-off. The Bank is aggressively pursuing collection of the loss; however, the timing and potential results of these efforts are uncertain.