M&F Bancorp Inc. reported unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net interest income of $2,402,000 compared to $2,663,000 during the comparable period of 2014. Interest income decreased $262,000 or approximately 9.24% to $2,575,000 as compared to $2,837,000 during the same period of the prior year.

Net loss available to common shareholders was $228,000 compared to net income available to common shareholders of $218,000 for comparable 2014 period, a decrease of $446,000. Diluted loss per common share decreased $0.22 to $0.11 for 2015 compared to diluted net income per common share of $0.11 for 2014.