Empire Bancorp, Inc. reported unaudited consolidated financial results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported interest income of $7,515,000 against $6,133,000 a year ago. Net interest income was $6,410,000 against $5,315,000 a year ago. Net interest income after provision for loan losses was $6,270,000 against $5,298,000 a year ago. Income before income taxes was $1,648,000 against $1,269,000 a year ago. Net income was $1,074,000 or $0.15 per basic and diluted share against $820,000 or $0.12 per basic and diluted share a year ago. Return on average assets was 0.52% against 0.46% a year ago. Return on average equity was 6.50% against 4.98% a year ago.

For the six months, the company reported interest income of $14,434,000 against $11,917,000 a year ago. Net interest income was $12,448,000 against $10,344,000 a year ago. Net interest income after provision for loan losses was $12,178,000 against $10,152,000 a year ago. Income before income taxes was $2,968,000 against $2,029,000 a year ago. Net income was $1,942,000 or $0.27 per diluted share against $1,306,000 or $0.19 per basic and diluted share a year ago. Return on average assets was 0.48% against 0.38% a year ago. Return on average equity was 6.02% against 4.00% a year ago. Book value per share was $9.59 against $9.77 a year ago.

In the second quarter of 2017, the company reported net charge-offs of $199,000.