TrustCo Bank Corp. NY reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported net interest income of $35,693,000 against $34,577,000 a year ago. Net income was $10,660,000 against $10,629,000 a year ago. Diluted net income per common share was $0.112 against $0.112 a year ago. Return on average assets was 0.92% against 0.94% a year ago. Return on average equity was 10.70% against 11.78% a year ago. Total interest income was $39,765,000 against $38,364,000 a year ago. Income before taxes was $17,181,000 against $16,973,000 a year ago. Net interest income after provision for loan losses was $34,669,000 compared to $33,016,000 a year ago. Book value per share at period ended December 31, 2014 was $4.15 against $3.83 per share a year ago. Tangible book value per share at period ended December 31, 2014 was $4.14 per share against $3.82 per share a year ago.

For the year, the company reported net interest income of $141,583,000 against $136,094,000 a year ago. Net income was $44,193,000 against $39,812,000 a year ago. Basic and diluted net income per common share was $0.466 against $0.422 a year ago. Return on average assets was 0.97% against 0.90% a year ago. Return on average equity was 11.54% against 11.15% a year ago. Total interest income was $156,941,000 against $151,047,000 a year ago. Income before taxes was $71,589,000 against $63,529,000 a year ago. Net interest income after provision for loan losses was $136,353,000 compared to $128,764,000 a year ago.

For the quarter, the company reported total net charge offs of $1,185,000 against $1,508,000 a year ago.