Perpetual Federal Savings Bank announced unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2013. For the quarter, the company reported total interest income of $4,002,000 compared to $4,390,000 a year ago. Net interest income was $2,851,000 compared to $2,933,000 a year ago. Income before income taxes was $1,160,000 compared to $1,775,000 a year ago. Net income was $769,000 or $0.31 per basic and diluted share compared to $1,175,000 or $0.48 per basic and diluted share a year ago.

For the nine months, the company reported total interest income of $12,258,000 compared to $13,526,000 a year ago. Net interest income was $8,652,000 compared to $8,783,000 a year ago. Income before income taxes was $4,382,000 compared to $3,708,000 a year ago. Net income was $2,902,000 or $1.18 per basic and diluted share compared to $2,458,000 or $1.00 per basic and diluted share a year ago. The factor primarily responsible for the changes in net income for the comparative three and nine month periods is the provision for loan losses.