Home Loan Financial Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended March 31, 2017
Home Loan Financial Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended March 31, 2017. For the quarter, the company's total interest income was $2,280,831 compared to $2,326,466 a year ago. Net interest income was $2,014,066 compared to $2,103,079 a year ago. Net interest income after provision for loan losses was $2,014,066 compared to $2,073,079 a year ago. Income before income tax expense was $990,495 compared to $1,079,634 a year ago. Net income was $653,595 compared to $712,534 a year ago. Diluted earnings per share was $0.47 compared to $0.51 a year ago.
For the nine months, the company's total interest income was $6,907,167 compared to $6,880,492 a year ago. Net interest income was $6,119,664 compared to $6,262,386 a year ago. Net interest income after provision for loan losses was $6,078,664 compared to $6,177,386 a year ago. Income before income tax expense was $3,240,066 compared to $3,470,809 a year ago. Net income was $2,138,366 compared to $2,290,409 a year ago. Diluted earnings per share was $1.53 compared to $1.64 a year ago.