SB Financial Group, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company announced total interest income of $6,622,000 compared to $6,190,000 for the same period a year ago. Net interest income was $5,976,000 compared to $5,505,000 for the same period a year ago. Net interest income after provision for loan losses was $5,826,000 compared to $5,355,000 for the same period a year ago. Income before income tax expense was $2,703,000 compared to $2,155,000 for the same period a year ago. Net income was $1,868,000 compared to $1,524,000 for the same period a year ago. Net income available to common shares was $1,624,000 compared to $1,524,000 for the same period a year ago. Diluted earnings per common share were $0.29 compared to $0.30 for the same period a year ago. Return on average assets was 1.02% compared to 0.89% for the same period a year ago. Return on average equity was 9.23% compared to 9.40% for the same period a year ago. Return on average tangible equity was 14.80% compared to 13.03% for the same period a year ago.

For the year, the company announced total interest income of $25,927,000 compared to $24,408,000 for the same period a year ago. Net interest income was $23,343,000 compared to $20,928,000 for the same period a year ago. Net interest income after provision for loan losses was $22,243,000 compared to $20,478,000 for the same period a year ago. Income before income tax expense was $11,023,000 compared to $7,348,000 for the same period a year ago. Net income was $7,619,000 compared to $5,263,000 for the same period a year ago. Net income available to common shares was $6,663,000 compared to $5,263,000 for the same period a year ago. Diluted earnings per common share were $1.19 compared to $1.07 for the same period a year ago. Book value per common share was $12.81 compared to $11.96 for the same period a year ago. Tangible book value per common share was $10.39 compared to $9.24 for the same period a year ago. Return on average assets was 1.06% compared to 0.78% for the same period a year ago. Return on average equity was 9.69% compared to 8.74% for the same period a year ago. Return on average tangible equity was 15.84% compared to 12.22% for the same period a year ago. Increase in revenue was due to higher mortgage volume of $103 million and Small Business Administration Loan (SBA) sale gains of $0.56 million.

For the fourth quarter ended December 31, 2015, the company announced net charge-offs of $236,000 compared to $92,000 for the same period a year ago.