Investors Bancorp Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2011. For the quarter, total interest and dividend income was $120.667 million against $110.35 million a year ago. Net interest income was $84.76 million against $71.89 million a year ago. Income before income tax was $33.63 million against $26.37 million a year ago. Net income was $21.08 million or $0.20 diluted earnings per share against $16.88 million or $0.16 diluted earnings per share a year ago. Return on average assets was 0.80% against 0.72% a year ago. Return on average equity was 8.81% against 7.38% a year ago. The increase in net interest income was primarily due to the average balance of interest earning assets. Book value per common share as at December 31, 2011 was $8.98 against $8.23 per share a year ago. For the year ended, total interest and dividend income was $473.57 million against $428.70 million a year ago. Net interest income was $329.08 million against $269.41 million a year ago. Income before income tax was $125.17 million against $98.62 million a year ago. Net income was $78.89 million or $0.73 diluted earnings per share against $62.02 million or $0.56 diluted earnings per share a year ago. Return on average assets was 0.78% against 0.70% a year ago. Return on average equity was 8.43% against 6.95% a year ago. The increase in net interest income was primarily due to the average balance of interest earning assets. For the three months ended December 31, 2011, net charge-offs were $19.2 million compared to $12.7 million for the three months ended December 31, 2010. For the year ended December 31, 2011, net charge-offs were $49.2 million compared to $30.6 million for the year ended December 31, 2010.