Eagle Bancorp, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the full year, the company reported net interest income of $233,942,000 compared to $178,478,000 a year ago. Net interest income after provision for credit losses was $219,304,000 compared to $167,599,000 a year ago. Income before income tax expense was $135,216,000 compared to $86,216,000 a year ago. Net income was $84,167,000 compared to $54,258,000 a year ago. Net income available to common shareholders was $83,566,000 compared to $53,644,000 a year ago. Diluted earnings per share were $2.50 compared to $1.95 a year ago. Return on average assets was 1.49% compared to 1.31% a year ago. Return on average common equity was 12.32% compared to 13.50% a year ago. Tangible book value per common share was $18.83 compared to $14.56 a year ago.
 
For the quarter, the company reported net interest income of $62,576,000 compared to $51,816,000 a year ago. Net interest income after provision for credit losses was $57,981,000 compared to $48,116,000 a year ago. Income before income tax expense was $35,833,000 compared to $24,074,000 a year ago. Net income was $22,348,000 compared to $14,727,000 a year ago. Net income available to common shareholders was $22,286,000 compared to $14,547,000 a year ago. Diluted earnings per share were $0.65 compared to $0.49 a year ago. Return on average assets was 1.50% compared to 1.21% a year ago. Return on average common equity was 12.08% compared to 11.67% a year ago.

Net charge-offs in the fourth quarter of 2015 were attributable primarily to land development and construction loans $1.9 million, and home equity and other consumer loans $499,000.