Malvern Bancorp, Inc. reported unaudited consolidated earnings results for the first quarter ended December 31, 2016. For the quarter, the company reported net interest income of USD 5.239 million compared to USD 4.211 million a year ago. Income before income tax expense was USD 1.462 million compared to USD 1.344 million a year ago. Net income was USD 1.170 million compared to USD 1.344 million a year ago. Basic earnings per share was USD 0.18 compared to USD 0.21 a year ago. Return on average assets was 0.56% compared to 0.79% a year ago. Return on average equity was 4.92% compared to 6.55% a year ago. Book value per common share was USD 14.59 compared to USD 12.60 a year ago.