Territorial Savings Bank’s earnings rose 6.54 percent in the second quarter.

The bank said Thursday its net income for the quarter rose to $4.3 million, or 45 cents a diluted share. In the year-earlier quarter, Territorial earned $4.04 million, or 43 cents a diluted share.

Interest income on loans for the second quarter rose nearly 7 percent from the second quarter of 2016. The interest income on loans for the bank was $13.53 million. For the second quarter of 2016, the interest income on loans was $12.65 million.

The bank’s loans receivable increased to $1.40 billion for the quarter, up from $1.25 billion for the same period a year prior.

“We had a solid second quarter,” said Allan Kitagawa, chairman and CEO, in a prepared statement. “Our earnings and earnings per share continue to increase. We have been successful in originating new mortgage loans and increasing the size of our loan portfolio while continuing to maintain excellent credit quality. We were also pleased to declare a special mid-year dividend in June as a way of sharing our success with our shareholders.”

The board of directors approved a quarterly cash dividend of 20 cents per share. The dividend is expected to be paid Aug. 24 to stockholders of record as of Aug. 10.

Territorial Savings Bank’s board also approved a midyear cash dividend of 10 cents a share in June. The midyear cash dividend was paid on Wednesday.

Territorial’s stock slipped 5 cents to $31.09 in trading Thursday.