Georgetown Bancorp, holding company for Georgetown Savings Bank, reported a net loss for the second quarter of $386,000, compared to a net loss of $150,000 for the same period in 2007.
The net loss for the year-ended June 30 was $678,000, versus a year-over-year net loss of $464,000 for the same period. The quarterly results included a provision for loan losses of $145,000.