SVB Financial Group reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company's net interest income was $186,998,000 against $160,563,000 a year ago. Net interest income after provision for loan losses was $158,328,000 against $145,549,000 a year ago. Income before income tax expense was $228,191,000 against $129,188,000 a year ago. Net income available to common stockholders was $58,757,000 or $1.27 diluted per share against $50,421,000 or $1.12 diluted per share a year ago. Net income available to common stockholders was $58,757,000 against $50,421,000 a year ago. Non-GAAP return on average assets (annualized) was 0.92% against 0.90% a year ago. Return on average assets (annualized) was 0.92% against 0.90% a year ago.

For the full year, the company's net interest income was $697,344,000 against $617,864,000 a year ago. Net interest income after provision for loan losses was $633,651,000 against $573,534,000 a year ago. Income before income tax expense was $685,177,000 against $363,083,000 a year ago. Net income available to common stockholders was $215,853,000 or $4.70 diluted per share against $175,104,000 or $3.91 diluted per share a year ago. Net income available to common stockholders was $215,853,000 against $169,569,000 a year ago. Non-GAAP return on average assets (annualized) was 0.93% against 0.80% a year ago. Return on average assets (annualized) was 0.93% against 0.82% a year ago. Book value per common share was $42.93 against $41.02 a year ago.

For the quarter, the company's net charge-offs was $10.5 million.

The company expects net interest margin in 2014 to continue to be significantly influenced by deposit and loan growth and, to a lesser extent, premium amortization related to investments securities. Net interest margin is expected to range between 3.2% and 3.3%. The company expects credit quality to remain stable as well, with an allowance for loan losses for performing loans comparable to 2013 levels of 1.11%, net loan charge-offs between 30 and 50 basis points of average total gross loans and non-performing loans comparable to 2013 levels of 47 basis points of total gross loans.