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EX-99.1 - EXHIBIT 99.1 - VSB BANCORP INCex99_1.htm
UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 13, 2011

VSB Bancorp, Inc.
(Exact Name of Registrant as specified in its charter)
         
New York
 
0-50237
 
11-3680128
(State or other jurisdiction
 
Commission File
 
IRS Employer Identification
of incorporation)
 
Number
 
No.
         
4142 Hylan Boulevard, Staten Island, New York 10308
Address of principal (Zip/Postal Code) executive offices
         
Registrant's telephone number: 718-979-1100
         
n/a
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 

 
 
TABLE OF CONTENTS
 
ITEM 2.02  RESULTS OF OPERATIONS AND FINANCIAL CONDITION
 
ITEM 9.01  FINANCIAL STATEMENTS AND EXHIBITS
 
   
SIGNATURES
 
   
 
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
 
On July 13, 2011, VSB Bancorp, Inc. (the “Company”) reported its results of operations for the quarter ended June 30, 2011 of $427,704 or diluted earnings per share of $0.24 and for the six months ended June 30, 2011 of $859,495 or diluted earnings per share of $0.48.  The Company’s return on average assets and average equity were 0.71% and 6.42%, respectively, for the quarter ended June 30, 2011.  This information and the accompanying press release were disseminated on July 13, 2011 through the broad distribution of the press release in a manner designed to provide broad, non-exclusionary distribution of the information to the public, but this voluntary report on Form 8-K is being filed so that the public can have a consistent source for earnings releases by searching the SEC's EDGAR database.
 
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
 
 
d.
Exhibits – Press Release dated July 13, 2011 of VSB Bancorp, Inc. describing the results of operations for the quarter and six months ended June 30, 2011 is annexed as Exhibit 99.1.
 
For additional information, see annexed Exhibit 99.1.
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: July 13, 2011
 
 
VSB Bancorp, Inc.
     
 
By:
/s/ Jonathan B. Lipschitz
   
Jonathan B. Lipschitz
   
Vice President, Controller and Principal Accounting Officer

INDEX TO EXHIBITS

Exhibit No.
 
                Description
     
99.1
 
Press Release reporting results of operations for the quarter and six months ended June 30, 2011.