BUSINESS MEMO: ROOSEVELT FINANCIAL GROUP REPORTED NET INCOME

Roosevelt Financial Group Inc., holding company for Roosevelt Bank, reported net income of $20.8 million, 46 cents per share, for the three months ended Sept. 30. Net income down 8 percent from the $22.4 million earnings and 50 cents a share reported for the same quarter last year.

Mortgage loan production for third quarter was $185 million, or more than double the production from the same period a year ago.

Roosevelt, headquartered at Chesterfield, has a branch in Cape Girardeau.

With $9.2 billion in total assets, Roosevelt Bank is Missouri's third-largest financial institution, with 78 full-service offices in Missouri, western Illinois and eastern Kansas.