Carolina Trust Bank announced unaudited earnings results for the second quarter and six months ended June 30, 2016. Net income available to common stockholders was $399,000, a 32% increase over $302,000 reported in the second quarter of 2015. Diluted earnings per share were $0.08 as compared to $0.06 for the same period last year. The earnings increase over second quarter of 2015 was driven primarily by loan growth. Interest income was $4,083,000 against $3,647,000 reported last year. Net interest income was $3,379,000 against $3,071,000 reported last year. Income before taxes was $723,000 against $617,000 reported last year. Annualized return on average total assets was 0.49% against 0.46% and annualized return on average common shareholder’s equity was 5.57% against 4.34% reported a year ago. For the six months, the company reported net income available to common shareholders was $757,000 or $0.16 per diluted share compared to $419,000 or $0.09 per diluted share reported in the same period last year. Interest income was $8,110,000 against $7,058,000 reported last year. Net interest income was $6,768,000 against $5,947,000 reported last year. Income before taxes was $1,373,000 against $917,000 reported last year. Book value per common share at the end of the period was $6.28 against 5.93 reported last year. Tangible book value per common share at the end of the period was $6.25 against $5.88 reported last year.