WAKE FOREST, N.C., July 20, 2021 (GLOBE NEWSWIRE) — Wake Forest Bancshares, Inc., (OTC: WAKE) parent company of Wake Forest Federal Savings and Loan Association, announced today that the Company reported earnings of $322,721 or $0.29 per share for its quarter ended June 30, 2021. The Company reported earnings of $254,566 or $0.23 per share for the same quarter a year earlier. Earnings for the first nine months of the Company’s fiscal year were reported at $910,146 or $0.83 per share versus $902,313 or $0.82 per share for the same nine month period a year earlier.

By A Silva