TCF Financial Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended of December 31, 2016. For the quarter, the company reported total interest income of $231,658,000 compared to $225,451,000 a year ago. Net interest income after provision for credit losses was $191,558,000 compared to $188,062,000 a year ago. Income before income tax expense was $81,867,000 compared to $81,134,000 a year ago. Income after income tax expense was $52,105,000 compared to $54,520,000 a year ago. Net income attributable to the company was $50,092,000 compared to $52,492,000 a year ago. Net income available to common stockholders was $42,245,000 compared to $47,645,000 a year ago. Basic and diluted earnings per share were $0.27 compared to $0.29 a year ago. Return on average common equity was 8.40% compared to 9.53% a year ago. Return on average tangible common equity was 9.43% compared to 10.82% a year ago.

For the full year, the company reported total interest income of $930,730,000 compared to $891,930,000 a year ago. Net interest income after provision for credit losses was $782,232,000 compared to $767,444,000 a year ago. Income before income tax expense was $338,245,000 compared to $314,695,000 a year ago. Income after income tax expense was $21,717,000 compared to $205,823,000 a year ago. Net income attributable to the company was $212,124,000 compared to $197,123,000 a year ago. Net income available to common stockholders was $192,736,000 compared to $177,735,000 a year ago. Basic and diluted earnings per share were $1.15 compared to $1.07 a year ago. Return on average common equity was 9.13% compared to 9.19% a year ago. Return on average tangible common equity was 10.29% compared to 10.48% a year ago. Book value per common share was $12.66 compared to $11.94 a year ago. Tangible Book value per common share was $11.33 compared to $10.59 a year ago.

The net charge-off rate was 0.27% for the fourth quarter of 2016, down from 0.29% for the fourth quarter of 2015, and up from 0.26% for the third quarter of 2016.