Newport Bancorp Inc. (NFSB: News ) reported second-quarter net income of $439 thousand or $0.13 per share, down from $501 thousand or $0.14 per share in the year ago quarter.
Net interest income for the quarter was $3.76 million compared to $3.77 million in the prior year quarter. Total non-interest income was $605 thousand, down from $622 thousand in year ago quarter.
For the six months ended June 30, 2011, the Company reported net income of $740 or $0.22 per share , compared to $602 thousand or $0.17 per share, for the six months ended June 30, 2010. Net interest income was $7.6 million, compared to $7.4 million for six months ended June 30, 2010. Total non-interest income was $1.16 million, up from $943 thousand in year ago quarter.
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