M&F Bancorp Inc. announced unaudited financial results for the first quarter ended March 31, 2016. The company recorded a net loss for the three months ended March 31, 2016 of $81,000 compared to a net loss $169,000 for three months ended March 31, 2015, an improvement of $88,000. Net loss available to common shareholders for the three months ended March 31, 2016 was $140,000 compared to a net loss of $228,000 during the comparable period of 2015, an improvement of $88,000. Diluted loss per common share increased $0.04 to $0.07 for the three months ended March 31, 2016 compared to $0.11 during the comparable period of 2015. The company produced net interest income of $2.3 million for the three months ended March 31, 2016, which was down from the $2.4 million generated same period of 2015. Interest income decreased $105,000 or 4.08% to $2.5 million for the three months ended March 31, 2016 as compared to the same period of the prior year.