Boston Private Financial Holdings, Inc. announced unaudited earnings results for the fourth quarter and full year ended December 31, 2012. For the quarter, the company reported total interest and dividend income of $54,545,000 compared with $56,036,000 for the same period a year ago. Net interest income was $45,546,000 compared with $44,149,000 for the same period a year ago. Income before tax was $18,103,000 compared with $18,292,000 for the same period a year ago. Net income from continuing operations was $11,988,000 compared with $12,570,000 for the same period a year ago. Net income attributable to company was $13,092,000 or $0.15 per diluted share compared with $13,062,000 or $0.15 per diluted share for the same period a year ago. Return on average assets was 0.82% compared with 0.85% for the same period a year ago. Return on average equity was 8.72% compared with 9.37% for the same period a year ago.

For the full year, the company reported total interest and dividend income of $223,288,000 compared with $229,742,000 for the same period a year ago. Net interest income was $183,276,000 compared with $178,954,000 for the same period a year ago. Income before tax was $69,088,000 compared with $50,381,000 for the same period a year ago. Net income from continuing operations was $48,758,000 compared with $36,101,000 for the same period a year ago. Net income attributable to company was $53,271,000 or $0.61 per diluted share compared with $39,137,000 or $0.46 per diluted share for the same period a year ago. Book value per share was $6.92 compared with $6.51 for the same period a year ago. Tangible book value per share was $5.64 compared with $5.10 for the same period a year ago.

The Board of Directors approved a quarterly cash dividend of $0.05 per share, up from $0.01 per share last quarter. The record date for this dividend is February 14, 2013, and the payment date is February 28, 2013.