Southern Banc Co. Inc. reported unaudited consolidated earnings results for the first quarter ended September 30, 2018. For the period the company reported total interest income of $1,380,000 compared to $1,332,000 a year ago. Net interest income before provision for loan losses was $1,175,000 compared to $1,137,000 a year ago. Net interest income after provision for loan losses was $1,175,000 compared to $567,000 a year ago. Income before income tax benefit was $170,000 compared to loss of $284,000 a year ago. Net income was $126,000 compared or $0.16 per basic and diluted share to loss of $177,000 or $0.23 per basic and diluted share a year ago. The improvement in the net interest margin before provision for loan losses for the quarter was primarily attributable to an increase in total interest income of approximately $48,000, offset by an increase in total interest expense of approximately $10,000.