Friendly Hills Bank announced unaudited financial results for the year ended December 31, 2011. For the year, the company reported net interest income of $4.038 million against $3.830 million a year ago. Earnings before provision for income taxes were $0.210 million against loss before provision for income taxes of $0.653 million a year ago. Net earnings were $0.149 million against $0.654 million a year ago. Book value per share as on December 31, 2011 was $7.79 against $7.29 a year ago.