Wake Forest Bancshares Inc. announced earnings results for the third quarter and first nine months ended June 30, 2016. For the quarter, the company announced earnings of $228,489 or $0.20 per share. The company reported earnings of $220,869 or $0.19 per share for the same quarter a year earlier. For the first nine months, the company announced earnings were $656,354 or $0.57 per share versus $684,662 or $0.59 per share for the same nine month period a year earlier.