1st Capital Bank reported unaudited earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company's total interest and dividend income was $3,311,000 compared to $3,265,000 a year ago. Net interest income was $3,177,000 compared to $3,082,000 a year ago. Net interest income after provision for loan losses was $3,177,000 compared to $2,650,000 a year ago. Income before provision for income taxes was $1,033,000 compared to $1,145,000 a year ago. Net income was $612,000 or $0.18 per diluted share compared to $748,000 or $0.13 per diluted share a year ago. Return on average total assets was 0.65% compared to 0.94% a year ago. Return on average shareholders' equity was 6.57% compared to 8.84% a year ago. Nominal and tangible book value per share as on December 31, 2013 was $10.79 compared to $10.27 a year ago.

For the year, the company's total interest and dividend income was $13,090,000 compared to $12,612,000 a year ago. Net interest income was $12,493,000 compared to $11,788,000 a year ago. Net interest income after provision for loan losses was $11,625,000 compared to $10,794,000 a year ago. Income before provision for income taxes was $2,867,000 compared to $2,972,000 a year ago. Net income was $1,692,000 or $0.50 per diluted share compared to $1,806,000 or $0.54 per diluted share a year ago. Return on average total assets was 0.47% compared to 0.60% a year ago. Return on average shareholders' equity was 4.77% compared to 5.50% a year ago.