Lighthouse Bank announced unaudited financial results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company's interest income was $2,097,277 compared to $2,006,952 a year ago. Net interest income was $2,003,567 compared to $1,914,576 a year ago. Net income before taxes was $1,043,319 compared to $1,046,108 a year ago. Net income was $709,357 or $0.32 per basic share, compared to $666,792 or $0.30 per basic share, a year ago. Return on average assets was 1.56% compared to 1.58% a year ago. Return on average assets was 10.31% compared to 10.41% a year ago.

For the full year, the company's interest income was $8,187,660 compared to $8,374,513 a year ago. Net interest income was $7,816,915 compared to $7,995,546 a year ago. Net income before taxes was $3,715,727 compared to $3,917,591 a year ago. Net income was $2,350,030 or $1.05 per basic share, compared to $2,436,678 or $1.12 per basic share, a year ago. Book value per share was $12.23 compared to $11.80 a year ago. Return on average assets was 1.33% compared to 1.47% a year ago. Return on average assets was 8.85% compared to 9.97% a year ago. The small decrease in earnings was primarily the result of increased employee expenses.