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SI Financial’s 2Q net flat

The Windham parent of Savings Institute Bank & Trust posted flat second-quarter earnings.

For three months ended June 30, SI Financial Group Inc. netted $1 million, or 8 cents a diluted share, vs. $914,000, or 7 cents a share, netted the same quarter a year ago.

“We continue to focus on controlling costs and identifying areas of cost reduction that will positively impact future periods,’’ said President/CEO Rheo A. Brouillard. “Additionally, growth in both loans and deposits reflects our ability to serve our customers in the markets we operate.’’

SI ended the quarter with $1.4 billion in assets vs. $1.35 billion a year earlier.

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