Glacier Bancorp, Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended Dec. 31, 2016. For the quarter, the company reported net interest income of $80,545,000 against $75,996,000 a year ago. Income before income taxes was $40,703,000 against $37,849,000 a year ago. Net income was $31,041,000 or $0.41 basic and diluted per share against $29,508,000 or $0.39 basic and diluted per share a year ago. Book value per common share was $14.59 against $14.15 a year ago. Tangible book value per common share was $12.51 against $12.11 a year ago. Return on average assets (annualized) was 1.33% against 1.32% a year ago. Return on average equity (annualized) was 10.82% against 10.66% a year ago.

For the fourth quarter, the company reported net interest income of $314,522,000 against $290,406,000 a year ago. Income before income taxes was $160,793,000 against $150,126,000 a year ago. Net income was $121,131,000 or $1.59 basic and diluted per share against $116,127,000 or $1.54 basic and diluted per share a year ago. Return on average assets (annualized) was 1.32% against 1.36% a year ago. Return on average equity (annualized) was 10.79% against 10.84% a year ago.

Net charge-offs for the current quarter were $4.1 million compared to $478 thousand for the prior quarter and $1.5 million from the same quarter last year. The quarterly net charge-offs continue to experience a fair amount of volatility on a quarterly basis.