Bank of Florida Corp. (Nasdaq:BOFL) reported second quarter 2008 net income of $4,000 compared with $1.24 million in the same period last year.

Pre-tax income for the second quarter, excluding provision for loan losses, was $1.6 million, compared with $1.1 million in the first quarter.

“(It’s) an improvement that we believe is a good indication of our operating performance excluding credit costs,” said Michael L. McMullan, Bank of Florida Corp.’s chief executive officer.