Presidio Bank reported unaudited earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported net interest income of $9,114,000 compared to $7,890,000 a year ago. The increase in net interest income is due to higher average loan and securities balances, increased loan yields, and increased interest rates on liquid assets invested by the Bank. Net interest income after provision was $9,016,000 compared to $7,790,000 a year ago. Net interest income before taxes was $4,363,000 compared to $3,438,000 a year ago. Net income was $3,493,000 or $0.53 per diluted share compared to $2,080,000 or $0.32 per diluted share a year ago. Return on average assets was 1.60% against 1.10% a year ago. Return on average common equity was 16.64 against 11.31% a year ago. For the nine months, the company reported net interest income of $25,532,000 compared to $21,227,000 a year ago. Net interest income after provision was $25,275,000 compared to $20,929,000 a year ago. Net interest income before taxes was $10,939,000 compared $7,896,000 a year ago. Net income was $8,548,000 or $1.31 per diluted share compared to $4,875,000 or $0.77 per diluted share a year ago. Book Value per Share increased to $12.15 per share at September 30, 2017 from $11.75 per share at June 30, 2017 and $11.04 per share at September 30, 2016. Return on average assets was 1.37% against 0.90% a year ago. Return on average common equity was 14.27% against 9.16% a year ago.