United Community Banks, Inc. announced unaudited consolidated earnings results for fourth quarter and full year ended Oct. 31, 2016. For the quarter, the company reported net interest revenue of $80,925,000, total revenue of $106,158,000, income before income tax expense of $44,837,000, net income of $27,221,000, net income available to common shareholders of $27,221,000, net income available to common shareholders - operating of $28,906,000, diluted net income per share - gaap of $0.38, diluted net income per share - operating of $0.4, book value of $15.06, tangible book value of $12.95, compared to the net interest revenue of $73,764,000, total revenue of $94,748,000, income before income tax expense of $29,260,000, net income of $18,208,000, net income available to common shareholders of $18,183,000, net income available to common shareholders - operating of $23,775,000, diluted net income per share - gaap of $0.25, diluted net income per share - operating of $0.33, book value of $14.02, tangible book value of $12.06, for the same quarter a year ago. For the quarter, the company reported return on common equity - operating of 10.51%, return on tangible common equity - operating of 12.47%, return on assets - gaap of 1.03%, return on assets - operating of 1.1% compared to the return on common equity - operating of 9.18%, return on tangible common equity - operating of 10.87%, return on assets - gaap of 0.76%, return on assets - operating of 0.99% for the same quarter a year ago.

For the year, the company reported net interest revenue of $309,784,000, total revenue of $404,281,000, income before income tax expense of $162,992,000, net income of $100,656,000, net income available to common shareholders of $100,635,000, net income available to common shareholders - operating of $106,659,000, diluted net income per share - gaap of $1.4, diluted net income per share - operating of $1.48, book value of $15.06, tangible book value of $12.95, compared to the net interest revenue of $257,423,000, total revenue of $326,252,000, income before income tax expense of $115,014,000, net income of $71,578,000, net income available to common shareholders of $71,511,000, net income available to common shareholders - operating of $83,118,000, diluted net income per share - gaap of $1.09, diluted net income per share - operating of $1.27, book value of $14.02, tangible book value of $12.06, for the previous year. For the year, the company reported return on common equity - operating of 9.98%, return on tangible common equity - operating of 11.86%, return on assets - gaap of 1%, return on assets - operating of 1.06% compared to the return on common equity - operating of 9.48%, return on tangible common equity - operating of 10.24%, return on assets - gaap of 0.85%, return on assets - operating of 0.98% for the previous year.

For the quarter, the company's net charge-offs were $1,539,000 against $1,302,000 a year ago.