Apollo Bancorp, Inc. reported earnings results for the second quarter ended June 30, 2017. For the quarter, the company reported net income of $379,000, or $0.73 per share, compared with second quarter 2016 earnings of $334,000, or $0.68 per share. Net interest income increased $66,000 compared with second quarter 2016 which was primarily the result of a $222,000 increase in interest earned on loans offset by a $119,000 decrease in interest from investment securities. Noninterest income increased $61,000 compared with second quarter 2016 and was mainly attributed to an increase in net gains on the sales of securities and bank owned life insurance income. Annualized return on average assets (ROA) of 0.86% and annualized return on average equity (ROE) of 6.98% were reported for second quarter 2017.