Peoples Bancorp Inc. announced consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported interest income was $18,385,000 compared to $17,575,000 for the same period a year ago. Net interest income was $15,579,000 compared to $14,110,000 for the same period a year ago. Income before income taxes was $7,415,000 compared to $5,539,000 for the same period a year ago. Net income was $5,114,000 or $0.47 per diluted share compared to $3,874,000 or $0.36 per diluted share for the same period a year ago. The improvements in net interest income were largely attributable to the Ohio Commerce acquisition, coupled with meaningful organic loan growth during 2013. Book value per share was $20.89 compared to $21.02 for the same period a year ago. Return on average equity was 9.09% compared to 6.99% for the same period a year ago. Return on average assets was 1.01% compared to 0.82% for the same period a year ago.


For the full year, the company reported interest income was $67,071,000 compared to $69,470,000 for the same period a year ago. Net interest income was $55,385,000 compared to $54,475,000 for the same period a year ago. Income before income taxes was $29,084,000 compared to $29,910,000 for the same period a year ago. Net income was $17,574,000 or $1.63 per diluted share compared to $20,385,000 or $1.92 per diluted share for the same period a year ago. Book value per share was $20.89 compared to $21.02 for the same period a year ago. Return on average equity was 7.92% compared to 9.52% for the same period a year ago. Return on average assets was 0.91% compared to 1.11% for the same period a year ago.