Univest Corp. of Pennsylvania reported consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported net income of $5.3 million or $0.32 diluted earnings per share compared to $4.9 million or $0.30 diluted earnings per share for the comparable period in the prior year. Net interest income and margin net interest income decreased $866,000 or 4.51% to $18.3 million in the fourth quarter of 2011 compared to the fourth quarter of 2010. Income before taxes was $6.6 million compared to $6 million a year ago. Return on average assets was 0.96% compared to 0.92% a year ago. Return on average shareholders' equity was 7.56% compared to 7.16% a year ago. For the year ended December 31, 2011, the company reported net income of $18.9 million or $1.13 diluted earnings per share, compared to $15.8 million or $0.95 diluted earnings per share for the comparable period in the prior year. The increase in net income of $3.1 million during 2011 represents an increase of 19.84% over 2010. Net interest income was $74.7 million increased $1.2 million or 1.64% compared to same period a year ago. Income before taxes was $23.6 million compared to $19.0 million a year ago. Book value per share was $16.34 compared to $15.99 a year ago. Return on average assets was 0.89% compared to 0.75% a year ago. Return on average shareholders' equity was 6.91% compared to 5.82% a year ago.