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Fraternity Community Bancorp, Inc. Reports Results for the Quarter Ended March 31, 2012

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BALTIMORE--(EON: Enhanced Online News)--Fraternity Community Bancorp, Inc. (OTCBB:FRTR), the holding company for Fraternity Federal Savings and Loan Association, today announced that it realized net income of $52,200 for the quarter ended March 31, 2012, as compared to a net loss of $80,600 for the same quarter in 2011. The increase in net income between the periods was primarily due to an increase in net interest income. Nonaccrual loans totaled $3.9 million at March 31, 2012 compared to $3.8 m a styl

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