Wake Forest Bancshares, Inc. reported earnings results for the fourth quarter and year ended September 30, 2019. For the quarter, the company reported earnings of $418,450 or $0.38 per share against $362,950 or $0.32 per share a year ago. For the year, the company reported earnings of $1,631,600 or $1.47 per share against $1,033,800 or $0.92 per share a year ago.