Carroll Bancorp, Inc. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported net interest income of $1,285,000 compared to $1,000,000 for the same period a year ago Income before income tax expense was $93,000 compared to $197,000 last year. Net income was $60,000 or $0.06 per diluted share compared to $118,000 or $0.21 per diluted share last year. Return on average assets was 0.15% compared to 0.41% last year. Return on average equity was 1.46% compared to 4.38% last year.

For the year, the company reported net interest income of $4,563,000 compared to $3,827,000 for the same period a year ago. Income before income tax expense was $428,000 compared to $626,000 last year. Net income was $271,000 or $0.29 per diluted share compared to $390,000 or $0.75 per diluted share last year. Return on average assets was 0.21% compared to 0.35% last year. Return on average equity was 1.72% compared to 3.88% last year.