First Busey Corporation reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company reported total interest income of $31,119,000 compared to $27,657,000 a year ago. Net interest income was $29,599,000 compared to $26,087,000 a year ago. Income before income taxes was $16,551,000 compared to $12,356,000 a year ago. Net income was $10,683,000 compared to $7,593,000 a year ago. Income available for common stockholders was $10,528,000 compared to $7,411,000 a year ago. Fully-diluted earnings per common share were $0.36 compared to $0.25 a year ago. Return on average assets was 1.08% compared to 0.82% a year ago. Return on average common equity was 11.25% compared to 8.19% a year ago. Return on average tangible common equity was 12.36% compared to 8.88% a year ago.

For the full year, the company reported total interest income of $118,022,000 compared to $108,075,000 a year ago. Net interest income was $111,815,000 compared to $101,576,000 a year ago. Income before income taxes was $59,702,000 compared to $50,308,000 a year ago. Net income was $39,006,000 compared to $32,774,000 a year ago. Income available for common stockholders was $38,306,000 compared to $32,047,000 a year ago. Fully-diluted earnings per common share were $1.32 compared to $1.10 a year ago. Return on average assets was 0.98% compared to 0.91% a year ago. Return on average common equity was 10.41% compared to 9.11% a year ago. Return on average tangible common equity was 11.48% compared to 9.92% a year ago. Book value per common share was $13.01 compared to $12.47 a year ago. Tangible book value per common share was $11.86 compared to $11.52 a year ago.

For the quarter, the company recorded net charge-offs of $725,000 against net recoveries of $0.4 million for the same period last year.