* The Company's provision for loan losses was $665,000 during the quarter compared with $1,010,000 during the fourth quarter of 2008 and $0 during the first quarter of 2008. Similarly, the Company's net interest margin expanded to 3.28% compared with 3.09% during the fourth quarter of 2008, and 3.00% during the first quarter of 2008. Diluted earnings per share were $0.41, a $0.07 or 14.6% decrease from the first quarter of 2008. Dividends per share paid were $0.20 during both the first quarter of 2009 and 2008. NEWTOWN, Pa., April 30, 2009 (GLOBE NEWSWIRE) -- TF Financial Corporation(Nasdaq:THRD) today reported net income of $1,020,000 ($0.41 per diluted share)for the first quarter of 2009, compared with $1,281,000 ($0.48 per dilutedshare) for the first quarter of 2008. The Company also announced that its Boardof Directors had declared a quarterly dividend of $0.20 per share, payable May15, 2009 to shareholders of record on May 11, 2009.Highlights for the current quarter included: * Net income decreased by $261,000 or 20.4% compared with the first quarter of 2008. The Jaspers will play Loyola again the in the first round of the MAAC tournament. For more college basketball, follow Jesse Kramer on Twitter by clicking here..

This better have been Rohrssen's farewell, as well as the seniors'.Niagara finishes the regular season season at Fairfield (19-9, 12-5).Manhattan goes back on the road to play Loyola (12-16, 5-12). Rorhssen is 51-68 to this point in his four years with the Jaspers He has had only one winning season. Koita played horrible defense and was responsible for at least a couple of Lewis' open three-pointers. Patrick Bouli had nine points on three three-pointers. Bouli also grabbed seven rebounds in his final game at Draddy.The leaving of the five Jasper seniors is definite, and at this point, so should the leaving of head coach Barry Rohrssen. Two of the misses were intentional. Mohamed Koita and Andrew Gabriel each had horrible games They combined for zero points on 0-of-6 shooting Together, they missed five layups. One of the assists came on a pretty pass following a spin move that lead to a Brandon Adams dunk Pearson shot 5-of-8 from the line.

This was the first time Adams had a double-double against a team besides Hofstra.Antoine Pearson scored 13 points and had two assists. Pickett shot 6-of-15 from the field and grabbed six rebounds.Brandon Adams recorded the third double-double of his career and the first of the season with 15 points and 10 rebounds. Crawford also had four rebounds and five assists.Rico Pickett scored 17 points, 11 of them in the second half. Crawford shot 8-of-14 from the field and a poor 2-of-6 on free throws, including two big misses late in the game. Gillette had 11 points on 5-of-5 shooting, including two monstrous dunks in the second half. Niagara lost the rebounding battle 43-30.Darryl Crawford led Manhattan in his final game at Draddy Gymnasium with 18 points. Niagara shot 10-of-17 (58.8 percent) on free throws, including 1-of-6 in the final two minutes. Lewis shot 6-of-10 from beyond the arc and 1-of-3 from the charity stripe.

Pickett's tip-in bounced against the backboard and then rolled off the rim.Pickett collapsed to the ground lifelessly as Manhattan's comeback was officially over. Manhattan had its chance once again, but failed.Tyrone Lewis led all scorers with 21 points. Again, Pearson got a perfect missed and the ball bounced straight off the rim to a streaking Rico Pickett who got a good look at the basket. Regardless, the referee called Pearson's shot a two-pointer and he would shoot two free throws with 0.3 seconds left. Pearson sank the first free throw and had to miss the second and hope for a tip-in to tie the game. As Pearson went up for a fadeaway shot, he was fouled by Lewis. It was hard to tell if Pearson's foot was on the line, or behind it. Pickett grabbed the defensive rebound and threw the ball ahead to Pearson, who was around halfcourt. It did not look like Niagara was doing it intentionally, but Pearson was fouled with 2.3 seconds left. Manhattan had the chance to make the first free throw and then go for an offensive rebound on a miss, or it could try to make both free throws and then foul and hope that the Niagara player would miss at least one free throw.Unfortunately, the Jaspers would not be able to use either of these strategies as Pearson completely missed the first free throw. Pearson had to miss the second and hope for the best. Pearson got a perfect miss that bounced straight to Brandon Adams Pearson streaked the left wing and caught a pass from Adams. After Niagara took a timeout, Benn's second free throw bounced off the rim again.