DNB Financial Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company's net interest income was $5,154,000 against $5,320,000 a year ago. Income before income taxes was $1,557,000 against $1,838,000 a year ago. Net income was $1,161,000 against $1,321,000 a year ago. Net income available to common stockholders was $1,124,000 or $0.41 diluted per share against $1,284,000 or $0.47 diluted per share a year ago. Book value per common share was $16.55 against $16.08 a year ago. Tangible book value per common share was $16.47 against $15.98 a year ago. Return on average assets was 0.70% against 0.83% a year ago. Return on average equity was 7.86% against 9.26% a year ago. Return on average tangible equity was 7.89% against 9.31% a year ago.

For the year, the company's net interest income was $20,324,000 against $21,974,000 a year ago. Income before income taxes was $5,139,000 against $7,345,000 a year ago. Net income was $3,919,000 against $5,239,000 a year ago. Net income available to common stockholders was $3,771,000 or $1.36 diluted per share against $4,907,000 or $1.79 diluted per share a year ago. ROAA and ROAE for the year ended December 31, 2013 were 0.60% and 6.75%, respectively. Book value per common share was $16.55 at December 31, 2013 compared with $16.08 at December 31, 2012. Tangible book value per common share increased to $16.47 at December 31, 2013 compared with $15.98 per common share a year earlier.

For the quarter, the company's net charge-offs to average loans was 0.06% against recoveries of 0.10% a year ago.