 MONROEVILLE, Pa., Jan. 28, 2021 GLOBE NEWSWIRE -- Standard AVB Financial Corp. the Company - NASDAQ: STND, the holding company for Standard Bank, PaSB, announced earnings for the quarter ended December 31, 2020 of 2.0 million, or 0.44 per basic share compared to 2.1 million, or 0.46 per basic share, for the quarter ended December 31, 2019. Net income for the fourth quarter was significantly impacted by merger-related expenses of 522,000 422,000 after tax related to the pending merger with Dollar Mutual Bancorp. Excluding the after tax impact of the merger-related expenses, net income would have been 2.5 million or 0.53 per basic share for the quarter ended December 31, 2020. In addition to merger expenses, there was an increase in the provision for loan losses and decreases in both interest income and service charges, partially offset by decreases in interest expense and other operating expenses and increases in net loan sale gains and referral fees and equity fair value adjustments. 