Lincoln Park Bancorp. reported earnings results for the year ended December 31, 2014. For the year, the company reported net income of $1,035,000, or $0.60 per share as compared to net income of $747,000, or $0.43 per share, for the year ended December 31, 2013.

The increase in net income of $288,000, or 38.6%, was primarily due to an increase in net interest income before provision for loan losses and an increase in non-interest income, offset by an increase in non-interest expenses. Net interest income before provision for loan losses increased by $843,000, or 18.0% for the year ended December 31, 2014, to $5.5 million compared to $4.7 million for the year ended December 31, 2013. The increase in net interest income was primarily due to an increase of $924,000 or 13.7% in total interest income, partially offset by a increase in interest expense of $81,000.