WesBanco Inc. reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported total interest and dividend income of $84,851,000 against $80,819,000 a year ago. Net interest income was $73,182,000 against $71,688,000 a year ago. Net interest income after provision for credit losses was $70,806,000 against $69,560,000 a year ago. Income before provision for income taxes was $38,903,000 against $32,682,000 a year ago. Net income was $15,897,000 or $0.36 basic and diluted per share against $24,218,000 $0.55 basic and diluted per share a year ago. Return on average assets was 0.64% against 0.98% a year ago. Return on average equity was 4.48% against 7.12% a year ago. Return on average tangible equity was 8.05% against 13.01% a year ago. Non-GAAP net income was $28,972,000 or $0.66 diluted earnings per share against $25,963,000 or $0.59 diluted earnings per share a year ago.

For the year, the company reported total interest and dividend income of $332,424,000 against $286,097,000 a year ago. Net interest income was $290,295,000 against $253,330,000 a year ago. Net interest income after provision for credit losses was $280,309,000 against $244,852,000 a year ago. Income before provision for income taxes was $148,289,000 against $117,671,000 a year ago. Net income was $94,482,000 or $2.14 diluted per share against $86,635,000 or $2.16 basic and diluted net income per common share a year ago. Book value per common share was $31.68 against $30.53 a year ago. Tangible book value per common share was $18.42 against $17.19 a year ago. Return on average assets was 0.96% against 0.97% a year ago. Return on average equity was 6.83% against 7.13% a year ago. Return on average tangible equity was 12.23% against 12.73% a year ago. Non-GAAP net income was $107,876,000 or $2.45 diluted earnings per share against $95,254,000 or $2.37 diluted earnings per share a year ago.

For the quarter, net charge-offs as a percentage of average portfolio loans were 0.16% as compared to 0.08% in the fourth quarter of 2016.