Maryland Federal Bancorp reported that it earned $2.8 million for the third quarter, a 15% jump from a year earlier.

The increase was attributed primarily to a fivefold boost in noninterest income, to $2.5 million for the quarter. Net income for the nine-month period declined slightly, to $7.1 million.

Maryland Federal is a $1.1 billion-asset company whose principal subsidiary is Maryland Federal Savings and Loan Association, with 25 offices.

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