First Advantage Bancorp. (NASDAQ:FABK) announced net income of $1.7 million, or $0.39 per diluted share, for the year ended December 31, 2010 and net income of $566,000, or $0.14 per diluted share, for the quarter ended December 31, 2010, compared to net income of $360,000, or $0.08 per diluted share, for the year ended December 31, 2009 and net loss of $340,000, or $0.08 per diluted share, for the quarter ended December 31, 2009. Results for year ended and quarter ended December 31, 2009 were significantly impacted by the Company's recognition of non-cash other-than-temporary impairment ("OTTI") charges of $1.1 million pre-tax ($673,000 after-tax) in the fourth quarter of 2009 on the remaining balance of its investment in pooled trust preferred securities. ( Read More http://crweselect.com/21064/stock-alerts/fabk-grhuob-avotpk-czfc-mfsf-cr... )