DNB Financial Corp. in Downington, Pa., Friday reported fourth-quarter earnings of $573,000 compared with a loss of $230,000 for the year-earlier quarter.

The $634 million-asset company reported an allowance for loan losses of $741,000, or a 16% increase.

DNB Financial's ratio of nonperforming loans to total loans declined eight basis points, to 2.55%, compared with the third quarter. The change was largely attributed to an increase in loans.

At the end of the fourth quarter, the company had a leverage ratio of 8.35% and a total risk-based capital ratio of 14.20%.

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