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Click on individual bank names in the table below to access American Banker's coverage of each company's earnings report. Links to relevant coverage, filings, and releases can be found in the Related Links area of each article.
January 28
Glacier Bancorp Inc. in Kalispell, Mont., said its quarterly net income was flat from a year earlier as lower interest income offset a dip in the loan-loss provision.
The $6.7 billion-asset company reported fourth-quarter net income late Thursday of $9.6 million, compared to $9.5 million the year earlier. Its full-year earnings rose 23% from a year earlier, to $42.3 million.
Glacier's loss provision rose 42.8% from the third quarter but was off 25.4% from a year earlier, at $27.3 million. Net chargeoffs fell slightly from the third quarter but rose 28.3% from a year earlier, to $24.5 million.
Nonperforming assets rose 3.4% from the third quarter and 3.6% from a year earlier, to $270.5 million, or 3.9% of total assets.
The net interest margin shrank 28 basis points from the third quarter and 79 basis points from a year earlier, to 3.91%. The company attributed the decline to lower yields and limited lending.
