Citizens Bancorp of Virginia Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported net interest income of $2,770,000 against $2,800,000 a year ago. Income before income taxes was $1,180,000 against $1,581,000 a year ago.

Net income was $887,000 or $0.40 per basic and diluted share against $1,162,000 or $0.52 per basic and diluted share a year ago. Return on assets was 1.02% against 1.37% a year ago. Book value per share at period end was $21.78 compared to $20.91 a year ago.