Wake Forest Bancshares, Inc. reported earnings results for the second quarter and six months ended March 31, 2020. The company reported earnings of $297,069 or $0.27 per share for the quarter ended March 31, 2020. The company reported earnings of $381,861 or $0.34 per share for the same quarter a year earlier. Earnings for the first six months of the company’s fiscal year were reported at $647,747 or $0.59 per share versus $802,745 or $0.72 per share for the same six month period a year earlier.