Foresight Financial Group, Inc. reported earnings results for the first quarter of 2016. For the quarter, the company's net income increased by 13.6% to $2,590,000 from $2,279,000 in 2015. Return on average assets was 0.97% and return on shareholders equity was 10.0%.

Earnings per share were $0.71, up 12.7% compared to $0.63 a year ago. Net interest income increased by about 16.8% due to loan and deposit volume shifts combined with the addition of the company's sixth subsidiary bank as net interest margin decreased by 5 basis points to 3.59%.