Clarkston Financial Corporation announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company announced total interest income of $2,070,000 compared to $1,814,000 for the same period a year ago. Net interest income was $1,820,000 compared to $1,695,000 for the same period a year ago. Income before income taxes was $510,000 compared to $811,000 for the same period a year ago. Net loss was $1,367,000 or $0.42 per basic and diluted share compared to net income of $512,000 or $0.16 per basic and diluted share for the same period a year ago. Book value per share was $4.74 compared to $4.67 for the same period a year ago. Negative return on average assets with Tax Cuts and Jobs Act was 2.71% compared to positive return on average assets with Tax Cuts and Jobs Act of 1.14% for the same period a year ago. Negative return on average equity with Tax Cuts and Jobs Act was 26.30% compared to positive return on average equity with Tax Cuts and Jobs Act of 10.66% for the same period a year ago. The corporation’s net interest income increased slightly due to the growth in the company’s loan portfolio. For the full year, the company announced total interest income of $7,727,000 compared to $6,875,000 for the same period a year ago. Net interest income was $6,948,000 compared to $6,431,000 for the same period a year ago. Income before income taxes was $2,871,000 compared to $2,226,000 for the same period a year ago. Net income was $174,000 compared to $1,297,000 for the same period a year ago. Net income per share was $0.06 compared to $0.40 per share for the same period in 2016. The net loss is directly attributable to the Tax Cut and Jobs Act (H.R. 1) signed into law on December 22, 2017.