Royal Financial Inc. reported unaudited consolidated earnings results for the nine months ended March 31, 2013. For the period, the company reported total interest income of $3,392,289 compared to $3,132,556 a year ago. Net interest income was $3,245,108 compared to $2,918,478 a year ago. Net interest income after provision for loan loss was $3,100,108 compared to $3,343,489 a year ago. Income before income taxes was $433,179 compared to loss before income taxes of $342,479 a year ago. Net income was $417,179 or $0.17 per common share compared to net loss of $342,479 or $0.14 loss per common share a year ago. The net income for the nine months ended March 31, 2013 was an increase of $760,000 from the same period in 2012. The increase in income was due to an increase in non-interest income of $363,000 and net interest income of $260,000 and a decrease in noninterest expense of $656,000, partially offset by an increase in the provision for loan losses of $570,000.

The company announced that at its annual meeting of stockholders held on February 19, 2013, elected Roger L. Hupe as class II director for a three year term expiring at the annual meeting of stockholders to be held in 2015.