United-American Savings Bank announced earnings results for the first quarter ended March 31, 2012. For the period, the bank recorded net income of $147,000 or $0.50 per basic and diluted share compared to $81,000 or $0.28 per basic and diluted share for the three months ended March 31, 2011 an increase of approximately 81%. The return on average assets for the three month period was 0.82% and the return on average equity was 9.13% compared to 0.51% and 5.46%, respectively, for the same period in 2011. Net interest income for 2012 was $633,000 compared to $539,000 in 2011.