Kearny Financial Corp. announced unaudited financial results for the second quarter and six months ended December 31, 2013. For the quarter, the company reported net interest income of $18.475 million against $15.994 million a year ago. Income before taxes was $4.288 million against $1.695 million a year ago. Net income was $2.987 million or $0.05 per diluted share against $1.177 million or $0.02 per diluted share a year ago. Return on average assets was 0.37% against 0.16% a year ago. Return on average equity was 2.56% against 0.96% a year ago. The increase in net income between linked quarters reflected increases in net interest income and non-interest income coupled with a decline in the provision for loan losses that were partially offset by an increase in non-interest expense. The increase in net interest income between linked quarters resulted from an increase in interest income that was partially offset by an increase in interest expense.

For the six months, the company reported net interest income of $36.671 million against $32.869 million a year ago. Income before taxes was $7.895 million against $4.158 million a year ago. Net income was $5.573 million or $0.08 per diluted share against $2.837 million or $0.04 per diluted share a year ago. Return on average assets was 0.35% against 0.19% a year ago. Return on average equity was 2.39% against 1.15% a year ago.