M&F Bancorp Inc. announced earnings results for the first quarter ended March 31, 2013. For the quarter, net loss available to common stockholders were $49,000 against net income of $82,000 a year ago. Net income before preferred stock dividends and accretion was $10,000 compared to $141,000 a year ago.

The decrease was reflective of lower average earning assets and lower net interest margin during the three months ended March 31, 2013 compared to the comparable period in 2012.