Civista Bancshares, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported net interest income of $12.16 million against $10.75 million a year ago. Income before income taxes was $4.57 million against $3.13 million a year ago. Net income available to common shareholders was $2.81 million against $1.87 million a year ago. Diluted earnings per share were $0.29 against $0.21 a year ago. Return on average assets was 0.97% against 0.75% a year ago. Return on average equity was 10.23% against 7.72% a year ago.

For the year, the company reported net interest income of $47.392 million against $41.87 million a year ago. The increase in net interest income for the quarter and twelve months ended December 31, 2015 was due both to an increase in average loans outstanding as well as a decrease in cost of funds. Income before income taxes was $17.53 million against $12.69 million a year ago. Net income available to common shareholders was $11.17 million against $7.66 million a year ago. Diluted earnings per share were $1.17 against $0.85 a year ago. Return on average assets was 0.95% against 0.83% a year ago. Return on average equity was 10.59% against 8.34% a year ago. Book value per share was $13.23 as of December 31, 2015 against $12.04 as of December 31, 2014. Tangible book value per share was $9.47 as of December 31, 2015 against $8.96 as of December 31, 2014.