WARSAW, N.Y. (AP) _ Financial Institutions Inc. (FISI) on Thursday reported fourth-quarter earnings of $13.1 million.

The bank, based in Warsaw, New York, said it had earnings of 79 cents per share.

The holding company for Five Star Bank posted revenue of $51.8 million in the period. Its revenue net of interest expense was $42.8 million, which beat Street forecasts.

For the year, the company reported profit of $48.9 million, or $2.96 per share. Revenue was reported as $170.3 million.

Financial Institutions shares have decreased slightly more than 5% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $30.38, an increase of 12% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FISI at https://www.zacks.com/ap/FISI

Automated Insights, source Associated Press News