Glacier Bancorp Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2011. For the quarter, the company reported net earnings of $14.3 million, an increase of $4.8 million, or 50%, compared to $9.6 million for the prior year fourth quarter. Diluted earnings per share for the current quarter was $0.20 per share, an increase of 54% from the prior year fourth quarter of $0.13 per share. Excluding the goodwill impairment charge, operating earnings were $14.35 million versus $9.6 million for the prior year fourth quarter. The current quarter net interest income of $58.5 million increased $1.9 million, or 3%, over $56.7 million for the prior year fourth quarter. Total interest income was $68.74 million against $69.1 million a year ago. Earnings before income taxes were $16.756 million against $9.5 million a year ago. Return on average assets (annualized) (GAAP) for the quarter were 0.80% against 0.58% a year ago. Return on average assets (annualized) (non-GAAP) was 0.79% against 0.58% a year ago. Return on average equity (annualized) (GAAP) was 6.69% against 4.47% a year ago. Return on average equity (annualized) (non-GAAP) was 6.45% against 4.47% a year ago. For the year, the company reported net earnings of $17.5 million compared to $42.33 million for the prior year. Diluted earnings per share were $0.24 per share against $0.61 per share for previous year. Excluding the goodwill impairment charge, operating earnings for 2011 was $50.1 million versus $42.3 million for the prior year. Diluted operating earnings per share for 2011 were $0.70 per share, an increase of 15% from the prior year earnings per share of $0.61. Including the goodwill impairment charge, net earnings was $17.5 million or $0.24 per share for the year ended December 31, 2011. Net interest income for the year 2011 of $235.6 million increased $0.85 million over $234.8 million for the prior year. Total interest income was $280.1 million against $288.4 million a year ago. Earnings before income taxes were $17.2 million against $49.7 million a year ago. Return on average assets (GAAP) for the year was 0.25% against 0.67% a year ago. Return on average assets (non-GAAP) was 0.72% against 0.67% a year ago. Return on average equity (GAAP) was 2.04% against 5.18% a year ago. Return on average equity (annualized) (non-GAAP) was 5.78% against 5.18% a year ago. For the quarter, the company also announced net charged-off loans of $9.3 million compared to $24.5 million for the fourth quarter of 2010.