United Bankshares Inc. announced consolidated earnings results for the fourth quarter and year ended December 31, 2011. For the quarter, the company reported net interest income of $73,724,000 against $59,976,000 a year ago. Income before income tax was $29,569,000 against $28,160,000 a year ago. Net income was $20,257,000, or $0.40 per diluted share against net income of $19,290,000, or $0.44 per diluted share a year ago. Book value per share was $19.29 against $18.18 a year ago. Tangible book value per share was $11.63 against $10.96 a year ago. Return on average assets was 0.94% against 1.03% a year ago. Return on average common equity was 8.17% against 9.64% a year ago. For the year, the company reported net interest income of $267,315,000 against $244,092,000 a year ago. Income before income tax was $110,376,000 against $104,404,000 a year ago. Net income was $75,610,000, or $1.61 per diluted share against net income of $71,947,000, or $1.65 per diluted share a year ago. Return on average common equity was 8.50% against 9.19% a year ago. Return on average assets was 0.97% against 0.95% a year ago. The company also announced net charge offs recoveries for the year of 2011. For the period, the company reported net charge offs recoveries of $3,903,000 against $7,851,000 a year ago.