Meridian Bancorp, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported total interest and dividend income of $32.639 million compared to $28.885 million a year ago. Net interest income was $27.339 million compared to $23.605 million a year ago. Income before income taxes was $10.282 million compared to $9.099 million a year ago. Net income was $6.875 million or $0.13 per diluted share compared to $6.037 million or $0.11 per diluted share a year ago. The Company's return on average assets was 0.80% compared to 0.75% for the quarter ended December 31, 2014. The Company's return on average equity was 4.67% compared to 4.19% for the quarter ended December 31, 2014. Book value per share increased to $10.72 at December 31, 2015 from $10.56 at December 31, 2014.

For the year, the company reported total interest and dividend income of $123.342 million compared to $108.679 million a year ago. Net interest income was $102.891 million compared to $88.166 million a year ago. Income before income taxes was $36.573 million compared to $33.475 million a year ago. Net income was $24.607 million or $0.46 per diluted share compared to $22.327 million or $0.42 per diluted share a year ago. The Company's return on average assets was 0.74% compared to 0.75% for the year ended December 31, 2014. The Company's return on average equity was 4.19%, down from 5.69% for the year ended December 31, 2014.