Carroll Bancorp, Inc. reported earnings results for the first quarter ended March 31, 2016. For the quarter, the company reported net income of $70,000, or $0.07 per diluted common share, compared to $55,000, or $0.07 per diluted common share, for the quarter ended March 31, 2015. Net interest income was $1.2 million against $1.0 million a year ago.

Income before income tax expense was $100,000 against $83,000 a year ago. Return on average assets was 0.18% against 0.19% a year ago. Return on average equity was 1.71% against 1.53% a year ago.