First Busey Corporation reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported total interest income of USD 26.885 million compared to USD 28.584 million a year ago. Net interest income was USD 25.004 million compared to USD 25.629 million a year ago. Income before income taxes was USD 10.448 million compared to USD 7.473 million a year ago. Net income was USD 6.920 million compared to USD 4.917 million a year ago. Net income available for common shareholders were USD 6.012 million compared to USD 4.009 million a year ago. Basic and diluted earnings per common share were USD 0.07 compared to USD 0.05 a year ago. Return on average assets was 0.68% compared to 0.45% a year ago. Return on average common equity was 6.96% compared to 4.64% a year ago. Return on average tangible common equity was 7.64% compared to 5.15% a year ago. Book value per common share was USD 3.95 against USD 3.88 a year ago. Tangible book value per common share was USD 3.60 against USD 3.49 a year ago.

For the year, the company reported total interest income of USD 108.696 million compared to USD 116.916 million a year ago. Net interest income was USD 100.065 million compared to USD 102.146 million a year ago. Income before income taxes was USD 42.837 million compared to USD 32.854 million a year ago. Net income was USD 28.726 million compared to USD 22.357 million a year ago. Net income available for common shareholders were USD 25.093 million compared to USD 18.724 million a year ago. Basic and diluted earnings per common share were USD 0.29 compared to USD 0.22 a year ago. Return on average assets was 0.71% compared to 0.53% a year ago. Return on average common equity was 7.39% compared to 5.49% a year ago. Return on average tangible common equity was 8.16% compared to 6.12% a year ago.

For the quarter, the company reported net charge offs of USD 1.897 million compared to USD 4.701 million a year ago.