Glacier Bancorp, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported net interest income of $68,811,000 compared to $67,010,000 a year ago. Net interest income after provision for loan losses was $68,620,000 compared to $65,208,000 a year ago. Income before Income taxes was $36,900,000 compared to $35,176,000 a year ago. Net Income was $28,054,000 compared to $26,546,000 a year ago. Basic and diluted earnings per share were $0.37 compared to $0.36 a year ago. Book value per common share was $13.70 compared to $12.95 a year ago. Tangible book value per common share was $11.83 compared to $11.08 a year ago. Return on average assets was 1.37% compared to 1.33% a year ago. Return on average equity was 10.66% compared to 10.96% a year ago.

For the full year, the company reported net interest income of $272,953,000 compared to $234,818,000 a year ago. Net interest income after provision for loan losses was $271,041,000 compared to $227,931,000 a year ago. Income before income taxes was $148,664,000 compared to $125,661,000 a year ago. Net Income was $112,755,000 compared to $95,644,000 a year ago. Basic and diluted earnings per share were $1.51 compared to $1.31 a year ago. Return on average assets was 1.42% compared to 1.23% a year ago. Return on average equity was 11.11% compared to 10.22% a year ago. Interest income for 2014 increased $36.3 million, or 14% from the prior year and was principally due to the decrease in premium amortization on investment securities and increased income from commercial loans.

Net charged-off loans for the current quarter were $1.1 million, an increase of $706,000 from the prior quarter and a decrease of $1.1 million from the prior year fourth quarter.