Chino Commercial Bancorp reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company reported net earnings of $318,620 or an increase of 21.7%, as compared with net income of $261,886 for the same quarter last year. Net income per basic and diluted share for the fourth quarter 2015 was $0.31, as compared to $0.26 for the same quarter last year. Net interest income was $1,355,351 and $1,170,793 for the three months ended December 31, 2015 and 2014, respectively, or an increase of $184,558 or 15.8%. Total interest income was $1,439,357 compared to $1,241,359 a year ago. Net interest income after provision for loan losses was $1,317,104 compared to $1,166,196 a year ago. Income before income tax expense was $516,075 compared to $419,629 a year ago. Annualized return on average equity was 10.63% compared to 9.80% a year ago. Annualized return on average assets was 0.77% compared to 0.82% a year ago.

For the year ended December 31, 2015 increased 16.5% to $1,327,370 or $1.29 per basic and diluted share, as compared with net earnings of $1,139,773 or $1.11 per basic and diluted share for the same period in 2014. Net interest income was $5,138,809, compared to $4,258,258 for the same period in 2014, or an increase of $880,551 or 20.7%. Total interest income was $5,454,705 compared to $4,538,606 a year ago. Net interest income after provision for loan losses was $5,096,521 compared to $4,382,750 a year ago. Income before income tax expense was $2,151,831 compared to $1,834,532 a year ago. Annualized return on average equity was 11.54% compared to 11.14% a year ago. Annualized return on average assets was 0.88% compared to 0.91% a year ago.