Mars Bancorp, Inc. announced earnings results for the six months ended June 30, 2018, the Company earned $784,000 as compared to $551,000 for the same period in the prior year, an increase of $233,000 or 42.2%. The increase in earnings was primarily due to an increase in net-interest income of $330,000, higher non-interest income of $135,000, and $71,000 less in provision for loan losses. This was partially offset by an increase in non-interest expense of $315,000. Net interest income increased by $330,000 or 6.6% for the six months ended June 30, 2018, as compared to the same period in 2017. This was primarily due to increases in interest income on loans of $288,000, interest-bearing deposits with banks of $105,000, investment securities of $113,000, and a decrease in borrowing costs of $52,000 which was partially offset by an increase in deposit interest expense of $228,000. The increase in interest income on loans was primarily related to higher average loan receivables of $5.1 million. The increase in interest income on interest-bearing deposits with banks was primarily related to higher average balances of $9.5 million and higher yields earned due to the increases in the Federal Funds rate over the past year. The increase in deposit costs of $228,000 was primarily related to deposit rate increases resulting from the Federal Funds rate increases. The net interest spread and net interest margin were 2.79% and 2.93% for the six months ended June 30, 2018, respectively, as compared to 2.77% and 2.87% for the same period in the prior year, respectively. Net interest income was $5,318,000 against $4,988,000 a year ago. Earnings per share was $9.80 against $6.89 a year ago. Return on average assets was 0.40% against 0.29% a year ago. Return on average equity was 4.67% against 3.21% a year ago. Book value per share was $422.26.