Northwest Indiana Bancorp announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2011. For the quarter, the company reported income before income taxes of $1.8 million and net income of $1.4 million or $0.50 basic and diluted earnings per share on total interest income of $6.6 million compared to income before income taxes of $1.3 million and net income of $1.1 million or $0.40 basic and diluted earnings per share on total interest income of $7.1 million reported in the same period last year. Net interest income totaled $5.9 million for the three months ended December 31, 2011, compared to $6.1 million for the three months ended December 31, 2010, a decrease of $218 thousand or 3.5%. Return on equity was 8.86% against 7.68% and return on assets was 0.87% against 0.70% reported last year. For the year, the company reported income before income taxes of $6.6 million and net income of $5.4 million or $1.90 basic and diluted earnings per share on total interest income of $27 million compared to income before income taxes of $6 million and net income of $5.2 million or $1.83 basic and diluted earnings per share on total interest income of $30.1 million reported in the same period last year. For 2011, net interest income totaled $23.8 million, compared to $25.1 million for 2010, a decrease of $1.3 million or 5.3%. The net interest income decrease for both the three and a twelve month period is a result of reduced loan balances and lower asset yields. The net interest income decrease for both the three and twelve month periods are a result of reduced loan balances and lower asset yields. Return on equity was 8.90% against 9.03% and return on assets was 0.84% against 0.77% reported last year. Book value per share at the end of the period was $22.20 against $19.84 reported last year.