Willamette Community Bank announced unaudited financial results for the quarter ended March, 2018. For the quarter, the company reported net income of $129,123 against $104,771 for the same period a year ago. On a pre-tax/pre-provision basis, net income was $196,000 compared to $150,000 for the same period a year ago. Net interest income was up $280,000 with interest income from higher loan balances offsetting the higher funding costs. Book value was $9.90 per share against $10.96 per share for the same period a year ago.