Community Bankers Trust Corporation reported consolidated unaudited earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported total interest income of $12,217,000 against $12,919,000 a year ago. Net interest income after provision for loan losses was $10,573,000 against $10,415,000 a year ago. Net income before income taxes was $1,654,000 against $2,021,000 a year ago. Net income available to common stockholders was $914,000 against $1,297,000 a year ago. Earnings per diluted common share, basic and fully diluted, were $0.04 per share for the fourth quarter of 2013 compared with $0.06 per share for the fourth quarter of 2012. Net income was $1.2 million compared with of $1.6 million for the fourth quarter of 2012. The decline in net income from the fourth quarter of 2012 to the fourth quarter of 2013 was the result of increased advertising expenses and the final tax payment to the state of Delaware as the company reincorporated into the state of Virginia to save on corporate taxes and fees.

For the full year, the company reported total interest income of $50,045,000 against $53,719,000 a year ago. Net interest income was $42,967,000 against $44,027,000 a year ago. Net income before income taxes was $8,403,000 against $7,730,000 a year ago. Net income available to common stockholders was $4,787,000 against $4,478,000 a year ago. Earnings per diluted common share, basic and fully diluted, were $0.22 and $0.21 for the years ended December 31, 2013 and 2012, respectively. Common tangible book value per share as at the end of the period was $4.07. Net income was $5.9 million compared with $5.6 million in 2012.

The company reported net charge-offs of $209,000 in the fourth quarter of 2013 compared with $1.8 million in the fourth quarter of 2012.