First Defiance Financial Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, total interest income was $18,737,000 against $19,572,000 a year ago. Net interest income was $17,009,000 against $17,386,000 a year ago. Net interest income after provision for loan losses was $16,534,000 against $14,768,000 a year ago. Income before income taxes was $7,078,000 against $7,410,000 a year ago. Net income was $5,087,000 against $5,157,000 a year ago. Net income applicable to common shares was $5,087,000 or $0.50 per basic and diluted share against $5,157,000 or $0.52 per basic and diluted share a year ago. Common book value was $27.91 against $26.44 a year ago. Tangible common book value was $21.22 against $19.63 a year ago. Return on average assets was 0.95% against 1.01% a year ago. Return on average equity was 7.45% against 8.00% a year ago.

For the full year, total interest income was $74,781,000 against $80,943,000 a year ago. Net interest income was $67,611,000 against $69,006,000 a year ago. Net interest income after provision for loan losses was $65,787,000 against $58,082,000 a year ago. Income before income taxes was $31,513,000 against $26,676,000 a year ago. Net income was $22,235,000 against $18,664,000 a year ago. Net income applicable to common shares was $22,235,000 or $2.19 per basic and diluted share against $18,047,000 or $1.81 per basic and diluted share a year ago. Common book value was $27.91 against $26.44 a year ago. Tangible common book value was $21.22 against $19.63 a year ago. Return on average assets was 1.08% against 0.90% a year ago. Return on average equity was 8.39% against 6.99% a year ago.

For the quarter, the company reported net charge-offs of $1,489,000. Impairment on securities was $337,000.