State Bank Corp. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total interest income of $2,992,000 against $2,825,000 a year ago. Net interest income was $2,837,000 against $2,653,000 a year ago. Income before provision for income taxes was $597,000 against $454,000 a year ago. Net income was $517,000 or $0.09 per basic and diluted share against $454,000 or $0.08 per basic and diluted share a year ago. Book value and tangible book value per share was $5.04 against $4.85 a year ago. Return on average assets was 0.65% against 0.64% a year ago. Return on average equity was 5.91% against 6.18% a year ago.

For the year, the company reported total interest income of $11,739,000 against $11,437,000 a year ago. Net interest income was $11,131,000 against $10,539,000 a year ago. Income before provision for income taxes was $2,571,000 against $1,539,000 a year ago. Net income was $5,396,000 or $0.92 per basic and diluted share against $1,539,000 or $0.26 per basic and diluted share a year ago.