Idaho First Bank reported unaudited earnings results for the second quarter and first half ended June 30, 2012. Net income for the second quarter of 2012 was $16,000 compared to a net loss of $126,000 in the second quarter of 2011. While slightly lower than the $23,000 profit reported for first quarter 2012. Net interest income was $716,000 against $563,000 reported a year ago. The Bank reported net income of $39,000 for the first half, compared to a loss of $269,000 in the first half of 2011. Compared to the prior year, the change was attributable to a 40% increase in net interest income. This was driven by loan growth and an improving net interest margin. Book value was 58 cents per share against 57 cents reported a year ago period. Net interest income was $1,414,000 against $1,007,000 reported a year ago. The Bank believes that it will see improving performance for the remainder of the year.