Revere Bank reported unaudited earnings results for the third quarter and nine months ended September 30, 2015. For the nine months, the company reported net interest income of $20,839,000 against $15,611,000 a year ago. Pretax net income was $7,502,000 against $5,240,000 a year ago. Net income was $4,557,000 against $3,148,000 a year ago. Earnings per share - diluted were $0.88 against $0.72 a year ago. Book value per share as at September 30, 2015 was $13.45. Return on average assets (annualized) was 0.84% against 0.79% a year ago. Return on average equity (annualized) was 9.55% against 8.79% a year ago.

For the quarter, the company reported net interest income of $7,309,000 against $5,704,000 a year ago. Pretax net income was $2,661,000 against $1,897,000 a year ago. Net income was $1,616,000 against $1,176,000 a year ago. Earnings per share - diluted were $0.29 against $0.27 a year ago. Return on average assets (annualized) was 0.84% against 0.81% a year ago. Return on average equity (annualized) was 8.98% against 9.48% a year ago.

The company reported charge-offs during the third quarter of 2015 were $204,000 (0.03% of period-end loans).