First Republic Bank announced unaudited consolidated earnings results for fourth quarter and full year ended Dec. 31, 2016. For the quarter, the company reported net interest income of $490,625,000, net interest income after provision for loan losses of $480,125,000, income before provision for income taxes of $228,785,000, net income of $179,118,000, net income available to common shareholders of $161,742,000, diluted earnings per common share of $1.03 compared to the net interest income of $404,699,000, net interest income after provision for loan losses of $392,654,000, income before provision for income taxes of $181,881,000, net income of $140,046,000, net income available to common shareholders of $124,732,000, diluted earnings per common share of $0.84 for the same quarter a year ago.

For the year, the company reported net interest income of $1,817,162,000, net interest income after provision for loan losses of $1,769,970,000, income before provision for income taxes of $827,596,000, net income of $673,428,000, net income available to common shareholders of $604,839,000, diluted earnings per common share of $3.93 compared to the net interest income of $1,516,663,000, net interest income after provision for loan losses of $1,461,224,000, income before provision for income taxes of $690,668,000, net income of $522,145,000, net income available to common shareholders of $463,217,000, diluted earnings per common share of $3.18 for the previous year. Book value per common share was 37.39% against 32.28% a year ago. Tangible book value per common share was 35.35% against 30.16% a year ago.

For the quarter, the company's net loan charge-offs were $207,000 against $1,395,000 a year ago.