Park National Corporation reported consolidated earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported total interest income of $73,969,000 against $71,697,000 a year ago. Net interest income was $63,478,000 against $62,249,000 a year ago. Income before income taxes was $33,460,000 against $28,540,000 a year ago. Net income was $22,831,000 or $1.48 per diluted share against $20,002,000 or $1.48 per diluted share a year ago. book value per common share at period ended December 31, 2017 was $49.46 against $48.38 a year ago. Return on average assets was 1.17% against 1.07% a year ago. Return on average shareholders' equity was 11.85% against 10.62% a year ago. Annualized return on average tangible assets was 1.18% against 1.08% a year ago. Annualized return on average tangible equity was 13.09% against 11.76% a year ago. Tangible book value per share was $44.73 against $43.67

For the year, the company reported total interest income of $286,424,000 against $276,258,000 a year ago. Net interest income was $243,759,000 against $238,086,000 a year ago. Income before income taxes was $118,469,000 against $122,895,000 a year ago. Net income was $84,242,000 or $5.47 per diluted share against $86,135,000 or $5.59 per diluted share a year ago. Return on average assets was 1.09% against 1.16% a year ago. Return on average shareholders' equity was 11.15% against 11.68% a year ago. Annualized return on average tangible assets was 1.10% against 1.17% a year ago. Annualized return on average tangible equity was 12.33% against 12.94% a year ago.

For the quarter, the company announced net loan charge-offs of $5,061,000 against $1,656,000 a year ago.