Lyons Bancorp, Inc. announced earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company's net income was $1.9 million or $1.18 per diluted share, up 2% quarter over quarter.

For the year, the company reported net income available to shareholders of $7.2 million or $4.58 per diluted share, an increase of 2% from the prior year. Net interest income totaled $23.3 million, up 6% compared to last year, even as the company continued to experience compression of its net interest margin. Noninterest income increased 16% year over year, due primarily to increased service charges on deposit accounts, cardholder fees and financial services income.