SB Financial Group, Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company reported total interest income of $7,512,000 compared to $6,622,000 a year ago. Net interest income was $6,647,000 compared to $5,976,000 a year ago. Income before income tax expense was $3,416,000 compared to $2,703,000 a year ago. Net income available to common shares was $2,073,000 or $0.37 per diluted share compared to $1,624,000 or $0.329 per diluted share a year ago. Return on average assets was 1.14% compared to 1.02% a year ago. Return on average equity was 10.73% compared to 9.23% a year ago. Return on average tangible equity was 16.54% compared to 14.80% a year ago.

For the year, the company reported total interest income of $29,051,000 compared to $25,927,000 a year ago. Net interest income was $25,853,000 compared to $23,343,000 a year ago. Income before income tax expense was $12,900,000 compared to $11,023,000 a year ago. Net income available to common shares was $7,809,000 or $1.38 per diluted share compared to $6,663,000 or $1.19 per diluted share a year ago. Book value per common share was $13.75 compared to $12.81 a year ago. Tangible book value per common share was $11.59 compared to $10.39 a year ago. Return on average assets was 1.11% compared to 1.06% a year ago. Return on average equity was 10.39% compared to 9.69% a year ago. Return on average tangible equity was 16.23% compared to 15.84% a year ago.

For the quarter ended December 31, 2016, the company announced net charge-offs of $95,000 compared to $236,000 a year ago.