Friendly Hills Bank reported unaudited earnings results for the first quarter ended March 31, 2017. For the quarter, the company’s net interest income was $1,127,000 compared with $1,017,000 a year ago. Income before provision for income taxes was $264,000 compared with $124,000 a year ago. Net income of $162,000 or $0.08 per basic and diluted share compared with $80,000 or $0.04 per basic and diluted share for the period ended March 31, 2016. As on March 31, 2017, the company’s book value per share was $8.27 against $7.99 per share a year ago.