The Board of Directors of First Defiance Financial Corp. declared a quarterly cash dividend of $0.175 per common share payable February 27, 2015 to shareholders of record at the close of business on February 20, 2015. The dividend represents an annual dividend of 2.10% based on the First Defiance common stock closing price on January 16, 2015.

The company reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total interest income of $19,713,000 compared to $18,737,000 a year ago. Net interest income was $18,101,000 compared to $17,009,000 a year ago. Income before income taxes was $8,312,000 compared to $7,078,000 a year ago. Net income was $5,804,000 compared to $5,087,000 a year ago. Diluted earnings per share were $0.59 compared to $0.50 a year ago.

For the year, the company reported total interest income of $76,248,000 compared to $74,781,000 a year ago. Net interest income was $69,689,000 compared to $67,611,000 a year ago. Income before income taxes was $33,455,000 compared to $31,513,000 a year ago. Net income was $23,741,000 compared to $22,235,000 a year ago. Diluted earnings per share were $2.38 compared to $2.19 a year ago.