Independent Bank Group, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company's net interest income was $42,151,000 against $38,175,000 a year ago. Total interest income was $47,414,000 against $42,952,000 a year ago. Income before taxes was $15,908,000 against $15,454,000 a year ago. Net income was $10,561,000 against $10,098,000 a year ago. Net income available to common shareholders was $10,501,000 or $0.58 basic and diluted per share against $10,038,000 or $0.59 basic and diluted per share a year ago. Core net interest income was $41,635,000 against $37,187,000 a year ago. Core pre-tax was $18,875,000 against $18,003,000 a year ago. Core earnings were $11,377,000 or $0.63 basic and diluted per share against $10,889,000 or $0.64 basic and diluted per share a year ago. Adjusted return on average assets was 0.93% against 1.05% a year ago. Adjusted return on average equity was $7.89% against 8.30% a year ago. Adjusted return on tangible equity was $14.49% against 15.27% a year ago. Return on average assets was 0.86% against 0.97% a year ago. Return on average equity was 7.28% against 7.65% a year ago. Return on tangible equity was 13.37% against 14.08% a year ago.

For the year, the company's net interest income was $154,098,000 against $124,145,000 a year ago. Total interest income was $174,027,000 against $71,111,000 a year ago. Income before taxes was $57,797,000 against $43,898,000 a year ago. Net income was $38,786,000 or $1.85 diluted per share against $28,978,000 or $1.77 diluted per share a year ago. Book value per common share as on December 31, 2015 was $32.79 against $30.35 as on December 31, 2014. Tangible book value per common share as on December 31, 2015 was 17.85 against $16.15 as on December 31, 2014.