First Savings Bancorp has adopted a stock repurchase plan, subject to regulatory approval.

William E. Samuels, president of the $257 million-asset thrift company, said the program will "help us to maintain financial strength and profitability."

Shareholders' equity totaled $67 million on June 30.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.