State Bank Corp. 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 $2,825,000 against $2,924,000 a year ago. Net interest income was $2,653,000 against $2,652,000 a year ago. Income before provision for income taxes was $454,000 against $358,000 a year ago. Net income was $454,000 or $0.08 per basic and diluted share against $358,000 or $0.06 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 0.64% against 0.50% a year ago. Return on average equity was 6.18% against 5.08% a year ago.

For the fiscal 2013, the company reported total interest income of $11,437,000 against $11,782,000 a year ago. Net interest income was $10,539,000 against $10,545,000 a year ago. Income before provision for income taxes was $1,539,000 against $1,017,000 a year ago. Net income was $1,539,000 or $0.26 per basic and diluted share against $1,017,000 or $0.18 per basic and diluted share a year ago.

For the fourth quarter, the company reported net charge-offs of $115,000.