United Community Financial Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, total interest income was $15,992,000 against $16,312,000 a year ago. Net interest income was $13,351,000 against $13,074,000 a year ago. Net interest income after provision for loan losses was $13,157,000 against $12,792,000 a year ago. Income before income taxes was $2,123,000 against $1,939,000 a year ago. Earnings available to common shareholders was $2,808,000 or $0.06 per basic and diluted share against $2,239,000 $0.04 per basic and diluted share a year ago. Book value per common share was $4.88 compared to $3.48 a year ago. Tangible book value per common share was $4.88 compared to $3.47 a year ago. Return on average assets was 0.62% compared to 0.51% a year ago. Return on average equity was 4.70% compared to 4.82% a year ago. Quarterly pretax core earnings of $4.1 million (adjusted for debt prepayment charge of $2.0 million).

For the full year, the company's total interest income was $63,244,000 against $64,744,000 a year ago. Net interest income was $51,419,000 against $51,331,000 a year ago. Net interest income after provision for loan losses was $52,690,000 against $47,215,000 a year ago. Income before income taxes was $10,471,000 against $10,227,000 a year ago. Earnings available to common shareholders was $50,206,000 $1.00 per basic and diluted share against $3,276,000 $0.07 per basic and diluted share a year ago.