Glacier Bancorp, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the quarter, the company reported total interest income was $96,898,000 against $87,759,000 a year ago. Net interest income was $89,826,000 against $80,545,000 a year ago. Income before income taxes was $46,283,000 against $40,703,000 a year ago. GAAP net income was $14,956,000 against $31,041,000 a year ago. Diluted earnings per share (GAAP) was $0.19 against $0.41 reported a year ago. NON-GAAP net income was $34,655,000 against $31,041,000 a year ago. Diluted earnings per share (GAAP) was $0.44 against $0.41 reported a year ago. Return on average assets (annualized) (GAAP) was 0.61% against 1.33% reported a year ago. Return on average assets (annualized) (NON-GAAP) was 1.42% against 1.33% reported a year ago. Return on average equity (annualized) (GAAP) was 4.91% against 10.82% reported a year ago. Return on average equity (annualized) (NON-GAAP) was 11.38% against 10.82% reported a year ago.

For the full year, the company reported total interest income was $375,022,000 against $344,153,000 a year ago. Net interest income was $345,158,000 against $314,522,000 a year ago. Income before income taxes was $181,002,000 against $160,793,000 a year ago. GAAP net income was $116,377,000 against $121,131,000 a year ago. Diluted earnings per share (GAAP) was $1.50 against $1.59 reported a year ago. NON-GAAP net income was $136,076,000 against $121,131,000 a year ago. Diluted earnings per share (GAAP) was $1.75 against $1.59 reported a year ago. Return on average assets (annualized) (GAAP) was 1.20% against 1.32% reported a year ago. Return on average assets (annualized) (NON-GAAP) was 1.41% against 1.32% reported a year ago. Return on average equity (annualized) (GAAP) was 9.80% against 10.79% reported a year ago. Return on average equity (annualized) (NON-GAAP) was 11.46% against 10.79% reported a year ago.

Net charge-offs for the current quarter were $2.9 million compared to $3.6 million for the prior quarter and $4.1 million from the same quarter last year.