Dimeco Inc. announced consolidated unaudited earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported interest income of $5,951,000 against $5,754,000 a year ago. Total interest income was $6,518.000 against $6,398,000 a year ago. Net interest income was $5,497,000 against $5,196,000 a year ago. Net interest income after provision for loan losses was $4,247,000 against $4,321,000 a year ago. Net income was $1,617,000 or $1.00 per basic and diluted share against $1,218,000 or $0.76 per basic and diluted share a year ago.

For the year, the company reported interest income of $23,616,000 against $22,435,000 a year ago. Total interest income was $26,057,000 against $24,922,000 a year ago. Net interest income was $21,725,000 against $19,770,000 a year ago. Net interest income after provision for loan losses was $18,475,000 against $16,895,000 a year ago. Net income was $6,614,000 or $4.12 per basic and diluted share against $5,336,000 or $3.31 per basic and diluted share a year ago. Net income was increased by $1,278,000 or 24.0% over income reported for the year 2011. The major contributor to this growth was net interest income of $21,725,000, which was $1,955,000 or 9.9% greater than the previous year. At this level of income, the company reported a return on average assets of 1.10% and a return on average equity of 11.42% for 2012, representing an increase of 14.6% and 13.7%, respectively, over 2011.