Arrow Financial Corporation reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported net interest income of $14,237,000 against $14,325,000 a year ago. Net interest income after provision for loan losses was $14,062,000 against $14,045,000 a year ago. Income before provision for income taxes was $7,842,000 against $7,789,000 a year ago. Net income was $5,549,000 or $0.46 per basic and diluted share against $5,431,000 or $0.45 per basic and diluted share a year ago. Return on average assets was 1.07% against 1.10% a year ago. Return on average equity was 12.51% against 12.80% a year ago. Return on tangible equity was 14.72% against 15.22% a year ago.

For the year, the company reported net interest income of $57,422,000 against $58,112,000 a year ago. Net interest income after provision for loan losses was $56,577,000 against $57,267,000 a year ago. Income before provision for income taxes was $31,840,000 against $31,647,000 a year ago. Net income was $22,179,000 or $1.85 per basic and diluted share against $21,933,000 or $1.83 per basic and diluted share a year ago.

For the quarter, the company reported net loans charged-off of $124,000 against $198,000 a year ago.