Edgewater Bancorp, Inc. reported consolidated earnings results for first quarter ended March 31, 2018. For the quarter, the company’s net income was $230,905, or $0.36 per share, compared to net income of $59,600, or $0.10 per share, for the first quarter of 2017. Return on Average Assets (annualized) was 6.67% at March 31, 2018 compared to 3.52% for December 31, 2017.  Net interest income increased $180,965, or 16.3%, to $1.3 million for the quarter, compared to $1.1 million during the first quarter of 2017.