Apollo Bancorp, Inc. reported earnings results for the first quarter ended of March 31, 2017. For the quarter, the company's net income was $326,000, or $0.63 per share, compared with first quarter 2016 earnings of $294,000, or $0.61 per share. Net interest income increased $140,000 compared with first quarter 2016 which was primarily the result of a $264,000 increase in interest earned on loans offset by a $103,000 decrease in interest from investment securities. Annualized return on average assets (ROA) of 0.79% and annualized return on average equity (ROE) of 6.50% were reported for first quarter 2017.