Carroll Bancorp, Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported net income of $126,000, or $0.12 per basic and diluted common share, compared to $70,000, or $0.07 per basic and diluted common share, for the quarter ended March 31, 2016. Net interest income was $1,269,000 against $1,244,000 a year ago. Income before income tax expense was $193,993 against $99,428 a year ago. Return on average assets was 0.31% against 0.18% a year ago. Return on average equity was 3.07% against 1.71% a year ago. Net cash provided by operating activities was $312,842 against $132,254 a year ago. Purchase of premises and equipment was $37,745 against $87,654 a year ago. Total interest income was $1,559,147 against $1,469,995 a year ago. Book value per share was $17.01 against $16.77 a year ago.