BankUnited, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported total interest income was $188.664 million compared to $202.346 million a year ago. Net interest income after provision for loan losses was of $151.743 million compared to $173.534 million a year ago. Income before income taxes was $73.389 million compared to $100.331 million a year ago. Net income available to common stockholders was of $52.393 million or $0.50 per diluted share compared to $61.365 million or $0.61 per diluted share a year ago. Return on average assets was $1.41% compared to 1.95% a year ago. Return on average stockholders' equity was 10.84% compared to 13.80% a year ago. Net income was increased a little better than expected, driven mostly by the extraordinary loan growth in quarter.

For the year, the company reported total interest income was $738.821 million compared to $720.856 million a year ago. Net interest income after provision for loan losses was of $614.246 million compared to $578.5691 million a year ago. Income before income taxes was $318.002 million compared to $344.865 million a year ago. Net income available to common stockholders was of $208.936 million or $2.01 per diluted share compared to $207.361 million or $2.05 per diluted share a year ago. Return on average assets was $1.55% compared to 1.71% a year ago. Return on average stockholders' equity was 11.16% compared to 12.45% a year ago.

The company reported impairment of other real estate owned for the fourth quarter of 2013 was of $0.483 million compared to $1.946 million a year ago.

For the year 2014, the company expects net interest income to be higher in 2014 than it was in 2013 as they continue to grow the balance sheet. EPS will decline for 2014.