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.

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