DALLAS -- MCorp, which owns one bank and is currently being reorganized under the Bankruptcy Code, said it earned $4.9 million in the second quarter and $700,000 for the six months ended June 30.
The company reversed losses of $4.8 million and $1.9 million for the comparable periods last year.
Excluding extraordinary gains, continuing operations in the second quarter yielded a $3.1 million loss.