Lighthouse Bank Santa Cruz California reported unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net interest income of $1,816,913 against $1,905,317 a year ago. Net income before taxes was $802,807 against $966,921 a year ago.

Net income was $493,625 against $596,494 a year ago. Earnings per share basic were $0.22 against $0.28 a year ago. Book value per share was $11.58 against $10.98 per share a year ago.

Return on average assets was 1.17% against 1.58% a year ago. Return on average equity was 7.84% against 10.41% a year ago.