Delmarva Bancshares, Inc. reported consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported total interest income of USD 3,063,231 against USD 2,991,556 a year ago. Net interest income was USD 2,809,818 against USD 2,789,145 a year ago. Net income before income taxes was USD 958,472 against USD 863,473 a year ago. Net income was USD 1,595,529 or USD 0.27 per basic and diluted share against USD 863,473 or USD 0.15 per basic and diluted share a year ago. Net income was impacted by the recapture of USD 991,000, USD 0.17 per share, in deferred tax assets, representing an increase when compared to USD 333,000 in DTA recapture during fourth quarter 2016. Return on average assets was 2.04% and return on equity was 16.62% versus 1.11% and 11.11%, respectively, for the three months ended March 31, 2016. Fully diluted tangible book value per share was USD 6.35 at March 31, 2017 compared to USD 6.06 and USD 4.75 at December 31, 2016 and March 31, 2016, respectively.