RepublicBankAz, N.A. reported unaudited consolidated financial results for the fourth quarter and full year ended Dec. 31, 2015. For the quarter, interest income was $1,277,000 against $1,241,000 for the same period of last year. Net interest income was $1,100,000 against $1,055,000 for the same period of last year. Income before income taxes was $395,000 against $10,000 for the same period of last year. Net income was $278,000 against loss of $22,000 for the same period of last year. Earnings per common share was $0.16 against loss of $0.02 for the same period of last year. Book value per share was $7.59 against $8.20 for the same period of last year. Return on average shareholders' equity (annualized) was 8.67% against 0.80% for the same period of last year. Return on average assets (annualized) was 1.25% against 0.10% for the same period of last year.

For the year, interest income was $4,873,000 against $5,113,000 for the same period of last year. Net interest income was $4,176,000 against $4,400,000 for the same period of last year. Income before income taxes was $990,000 against $855,000 for the same period of last year. Net income was $626,000 against $516,000 for the same period of last year. Earnings per common share was $0.37 against $0.38 for the same period of last year. Book value per share was $7.59 against $8.20 for the same period of last year. Return on average shareholders' equity (annualized) was 5.28% against 4.81% for the same period of last year. Return on average assets (annualized) was 0.72% against 0.58% for the same period of last year.