Beach Community Bancshares Inc. reported audited group and company earnings results for the year ended December 31, 2011. For the year, the group reported total interest income of $21,891,699 and net interest income of $12,130,016 compared to total interest income of $26,607,306 and net interest income of $13,468,705 reported in the same period last year. Net interest income after provision for loan losses was $8,768,805 against $5,422,288 reported last year. Net loss was $6,309,711 against $9,777,263 reported last year. Net cash used in operating activities was $767,700 against net cash provided by operating activities of $1,003,488 and purchase of premises and equipment was $896,284 against $373,982 reported last year. For the year, the parent company reported interest income of $2,817 and net interest loss of $238,857 compared to interest income of $4,779 and net interest loss of $232,367 reported in the same period last year. Loss before income tax was $6,309,711 against $9,728,564 and net loss was $6,309,711 against $9,777,263 reported last year. Net cash provided by operating activities was $20 against $105,646 reported last year.