American National Bankshares Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. The company announced fourth quarter 2015 net income of $4,607,000 compared to $2,890,000 a year ago. Diluted earnings per share were $0.53 compared to $0.37 a year ago. Net income for the fourth quarter of 2015 produced a return on average assets of 1.20% compared to 0.86% a year ago. Return on average equity of 9.32% compared to 6.63% a year ago. Return on average tangible equity of 12.77% compared to 9.12% a year ago. Total interest and dividend income was $13,951,000 compared to $11,869,000 a year ago. Income before income taxes was $6,546,000 compared to $4,054,000 a year ago.

Net income for 2015 was $15,039,000 compared to $12,741,000 a year ago. Diluted earnings per share were $1.73 compared to $1.62 a year ago. Book value per common share was $22.95 compared to $22.07 a year ago. Return on average assets was $0.99% compared to 0.97% a year ago. Return on average equity was $7.65% compared to 7.40% a year ago. Return on average tangible equity of 10.62% compared to 10.31% a year ago. Total interest and dividend income was $55,169,000 compared to $47,455,000 a year ago. Income before income taxes was $21,059,000 compared to $17,943,000 a year ago.

For the fourth quarter, the company announced charge off of $317,000 compared to $566,000 a year ago.