 MONROEVILLE, Pa., Oct. 29, 2020 GLOBE NEWSWIRE -- Standard AVB Financial Corp. the Company - NASDAQ: STND, the holding company for Standard Bank, PaSB, announced earnings for the quarter ended September 30, 2020 of 2.2 million, or 0.49 per basic share. Net income for the third quarter was significantly impacted by expenses of 553,000 544,000 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 2.8 million or 0.61 per basic share for the quarter ended September 30, 2020 compared to 2.5 million, or 0.54 per basic share, for the quarter ended September 30, 2019. In addition to merger expenses, the decrease in earnings for the quarter resulted primarily from lower interest income partially offset by higher net loan sale gains and referral fees and lower interest expense and income tax expenses. 