BancorpSouth, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company announced total interest revenue of $114,237,000 compared to $112,510,000 for the same period a year ago. Net interest revenue was $106,445,000 compared to $102,417,000 for the same period a year ago. Income before income taxes was $39,912,000 compared to $39,712,000 for the same period a year ago. Net income was $28,660,000 compared to $27,698,000 for the same period a year ago. Net income per share, basic and diluted were $0.30 compared to $0.29 for the same period a year ago. Net operating income $28,662,000 compared to $27,698,000 for the same period a year ago. Operating earnings per share were $0.30 compared to $0.29 for the same period a year ago. Book value per share was $16.69 compared to $15.89 for the same period a year ago. Tangible book value per share was $13.40 compared to $12.60 for the same period a year ago. Return on average assets was 0.87% compared to 0.85% for the same period a year ago. Return on average shareholders' equity was 7.05% compared to 7.32% for the same period a year ago. Return on tangible equity was 8.81% compared to 9.16% for the same period a year ago. Earnings adversely impacted by negative mortgage servicing rights valuation adjustment of $3.4 million.

For the full year, the company announced total interest revenue of $450,257,000 compared to $449,507,000 for the same period a year ago. Net interest revenue was $416,662,000 compared to $398,949,000 for the same period a year ago. Income before income taxes was $167,402,000 compared to $131,666,000 for the same period a year ago. Net income was $116,750,000 compared to $94,115,000 for the same period a year ago. Net income per share, diluted was $1.21 compared to $0.99 for the same period a year ago.

For the fourth quarter ended December 31, 2014, the company announced net charge-offs of $1,507,000 compared to $738,000 for the same period a year ago.