Lincoln Park Bancorp announced earnings results for the third quarter ended September 30, 2014. For the quarter, the company announced net income of $218,000, or $0.13 per share compared to net income of $132,000 or $0.08 per share, for the quarter ended September 30, 2013. The increase in net income of $86,000 was primarily due to an increase in net interest income and partially offset by an increase in real estate owned expenses, provision for loan losses and an increase in income tax expense.

Net interest income after provision for loan losses increased by $127,000 or 11.6% to $1.2 million compared to $1.1 million for the three months ended September 30, 2013.