The Freedom Bank of Virginia reported earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, total interest income was $5.6 million against $4.6 million last year. Net interest income was $4.6 million against $3.7 million last year. Income before income taxes was $1.4 million against $0.9 million last year. Net income was $1 million against $0.6 million last year. Large increases in loans and investments increased total interest income up 22.2% from the same quarter one year earlier. For the year, total interest income was $20.5 million against $16.9 million last year. Net interest income was $16.8 million against $13.9 million last year. Income before income taxes was $4.2 million against $2.6 million last year. Net income was $2.7 million against $1.7 million last year. Large increases in loans and investments increased total interest income. Earnings per share increased to $0.44 at December 31, 2016, up from $0.40 at December 31, 2015.