MutualFirst Financial, Inc. Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018; Reports Net Charge Offs for the Fourth Quarter Ended December 31, 2018
For the year, the company reported net interest income was $63,103,000 compared to $48,257,000 a year ago. Net income available to common shareholders was $18,864,000 compared to $12,315,000 a year ago. Basic earnings per share was $2.25 compared to $1.67 a year ago. Diluted earnings per share were $2.21 compared to $1.64 a year ago.
For the fourth quarter, the company reported net charge offs of $328,000 compared to $341,000 a year ago.