Jefferson Bancshares Inc (Nasdaq:JFBI) announced its final financial results for the quarter and year ended June 30, 2011, which were revised from the financial results originally issued on July 29, 2011.The revision is due to impairment charges totaling $835,000 on a pre-tax basis recorded on collateralized debt obligations that were acquired in connection with the Company's acquisition of State of Franklin Bancshares, Inc. in 2008 and an increase in the Company's provision for loan losses of $1.1 million from $3.3 million to $4.4 million for the year ended June 30, 2011.

Jefferson Bancshares, Inc. operates as the holding company for Jefferson Federal Bank, which provides various financial services to consumers and businesses in Tennessee.

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