United Bankshares reported higher second-quarter earnings, as the Charleston, W.Va., company boosted lending and kept expenses in check.

The $12.2 billion-asset company's net income rose 4.7% from the second quarter of 2014, to $34.8 million, or 50 cents per share, meeting the average estimate of analysts polled by Bloomberg.

Net interest income increased 2.1% to $95.9 million. Net loans rose 2.3% to $9.1 billion, while the net interest margin tightened 7 basis points to 3.62%.

Noninterest income rose 2.7% to $19.5 million, on increases in trust and brokerage fees, bankcard fees and mortgage banking revenue.

Noninterest expense grew 1.1% to $57.7 million, on higher employee-benefits expenses from an increase in pension costs. The efficiency ratio improved to 50.03%.

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