AltaPacific Bancorp reported unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the year, the company reported interest income of $17,469,000 compared to interest income of $11,140,000 for the same period a year ago. Net interest income was $16,204,000 compared to $10,235,000 last year. Pretax income was $5,787,000 compared to $2,352,000 last year. Net income was $3,427,000 or $0.61 per diluted share compared to $1,437,000 or $0.26 per basic and diluted share last year. Return on average assets was 1.10% compared to 0.63% last year. Return on average equity was 7.10% compared to 3.01% last year. Book value per common share was $9.24 compared to $8.65 at December 31, 2013.

For the quarter, the company reported interest income of $5,470,000, net interest income of $5,087,000, pretax income of $2,340,000, net income of $1,422,000 or $0.26 per diluted share. The company reported return on average assets of 1.96%, return on average equity of 11.75%.