Oconee Federal Financial Corp. reported unaudited earnings results for the second quarter and six months ended December 31, 2012. For the quarter, the company reported income before income taxes of $1,763,000, net income of $1,107,000 or $0.18 diluted per share on net interest income of $2,959,000 against income before income taxes of $1,458,000, net income of $901,000 or $0.15 diluted per share on net interest income of $3,025,000 for the same period a year ago. Return on average assets of 1.17% against 0.95% for the same period a year ago. Return on average equity was 5.33% against 4.39% for the same period a year ago.

For the six months, the company reported income before income taxes of $3,448,000, net income of $2,122,000 or $0.34 diluted per share on net interest income of $5,989,000 against income before income taxes of $3,063,000, net income of $1,876,000 or $0.31 diluted per share on net interest income of $5,950,000 for the same period a year ago. Return on average assets of 1.12% against 0.99% for the same period a year ago. Return on average equity was 5.10% against 4.61% for the same period a year ago.