Bay Banks of Virginia, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported total interest income was $10,508,000 against $8,892,000 a year ago. Net interest income was $8,194,000 against $7,444,000 a year ago. Net income before income taxes was $1,143,000 against $811,000 a year ago. Net income was $946,000 against $557,000 a year ago. Basic and diluted earnings per share were $0.07 against $0.06 a year ago. For the six months, the company reported total interest income was $21,200,000 against $13,690,000 a year ago. Net interest income was $16,838,000 against $11,328,000 a year ago. Net income before income taxes was $2,517,000 against $513,000 a year ago. Net income was $2,070,000 against $380,000 a year ago. Basic and diluted earnings per share were $0.16 against $0.05 a year ago. Return on average assets (annualized) of 0.38% against 0.46% a year ago. Return on average equity (annualized) of 3.28 % against 3.92% a year ago. Tangible book value per common share was $7.81 against $7.64 a year ago. Tangible net income available to shareholders (non-GAAP) was $711,000 against $586,000 a year ago.