People's Utah Bancorp announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported total interest income of $17,180,000 compared with $15,291,000 for the same period a year ago. Net interest income was $16,449,000 compared with $13,896,000 for the same period a year ago. Income before income tax expense was $7,379,000 compared with $6,320,000 for the same period a year ago. Net income was $4,886,000 or $0.27 per diluted share compared with $4,069,000 or $0.26 per diluted share for the same period a year ago. Return on average assets was 1.24% compared with 1.17% for the same period a year ago. Return on average equity was 9.27% compared with 10.17% for the same period a year ago.

For the full year, the company reported total interest income of $64,601,000 compared with $58,203,000 for the same period a year ago. Net interest income was $61,640,000 compared with $54,943,000 for the same period a year ago. Income before income tax expense was $29,876,000 compared with $25,151,000 for the same period a year ago. Net income was $19,641,000 or $1.17 per diluted share compared with $14,905,000 or $0.98 per diluted share for the same period a year ago. Book value per share was $11.92 compared with $10.68 for the same period a year ago. Tangible book value per share was $11.88 compared with $10.63 for the same period a year ago. Return on average assets was 1.34% compared with 1.12% for the same period a year ago. Return on average equity was 10.49% compared with 9.76% for the same period a year ago.