BBCN Bancorp, Inc. reported unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net income of $22,687,000 or $0.29 per basic and diluted share against $18,071,000 or $0.23 per basic and diluted share a year ago. Total interest income was $75,767,000 against $74,916,000 a year ago. Net interest income after provision for loan losses was $63,874,000 against $55,926,000 a year ago. Net interest income before provision for loan losses was $66,234,000 against $66,876,000 a year ago. Income before income taxes was $36,914,000 against $29,118,000 a year ago. ROA was 1.28% against 1.13% a year ago. ROE was 10.42% against 8.92% a year ago. Return on average tangible equity was 11.91% compared to 10.51% a year ago.

For the year, the company reported net income of $88,615,000 or $1.11 per basic and diluted share against $81,755,000 or $1.03 per basic and diluted share a year ago. Total interest income was $302,657,000 against $283,073,000 a year ago. Net interest income after provision for loan losses was $253,959,000 against $233,055,000 a year ago. Net interest income before provision for loan losses was $266,597,000 against $253,055,000 a year ago. Income before income taxes was $146,522,000 against $134,154,000 a year ago. ROA was 1.30% against 1.35% a year ago. ROE was 10.44% against 10.37% a year ago. Book value per common share as at December 31, 2014 was $11.10 against $10.18 as at December 31, 2013. Return on average tangible equity was 12.00% compared to 12.01% a year ago.

For the fourth quarter, the company reported net charge offs of $2,834,000 against $9,345,000 a year ago.