Commonwealth Business Bank reported unaudited earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported net interest income of $8,596,000 against $7,562,000 a year ago. The year-over-year quarterly increase was primarily due to a $798,000 increase in interest earned on loans, a $167,000 increase in interest earned on investment securities, and a $133,000 increase in dividend income, which were partially offset by a $146,000 increase in interest expense on deposits. Income before income taxes was $5,811,000 against $4,298,000 a year ago. Net income was $3,440,000 or $0.37 per diluted share against $2,546,000 or $0.27 per diluted share a year ago. Return on average assets was 1.53% against 1.31% a year ago. Return on average equity was 13.58% against 11.31% a year ago. For the year, the company reported net interest income of $33,552,000 against $28,512,000 a year ago. The year-over-year increase was primarily attributable to a $5.2 million increase in interest earned on loans, a $252,000 increase in interest earned on investment securities, and a $203,000 increase in interest earned on deposits at the FRB and other banks, which were partially offset by a $674,000 increase in interest expense on deposits. Income before income taxes was $19,228,000 against $19,236,000 a year ago. Net income was $11,437,000 or $1.24 per diluted share against $11,275,000 or $1.23 per diluted share a year ago. Return on average assets was 1.38% against 1.55% a year ago. Return on average equity was 11.80% against 13.44% a year ago.