NorthState reported consolidated earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported consolidated net operating revenue (NOR) for the quarter totaled $36.3 million, up 9% compared to fourth quarter 2016. Total strategic revenue of $27.0 million, up 13%.  Strategic revenue comprised 74% of NOR. Net income of $18.6 million, including a $16.7 million adjustment related to the re-measurement of NorthState’s net deferred tax liabilities at the lower corporate income tax rate provided by the federal Tax Cuts and Jobs Act, compared to $1.7 million. Excluding the benefit of the adjustment, net income in the 2017 quarter was $1.9 million. Earnings per share (EPS) of $8.18, including $7.38 related to the deferred tax liability re-measurement adjustment, compared to $0.72.  Excluding the benefit of the adjustment, EPS in the 2017 quarter was $0.80. For the year, the company reported consolidated NOR of $123.5 million, up 4% compared to 2016. Total strategic revenue of $86.8 million, up 7%.  Strategic revenue comprised 70% of NOR. Net income of $22.2 million, including the $16.7 million deferred tax liability adjustment in the fourth quarter of 2017, compared to $8.9 million.  Excluding the benefit of the adjustment, net income in 2017 was $5.5 million. EPS of $9.75, including $7.38 related to the deferred tax liability adjustment, compared to $3.85.  Excluding the benefit of the adjustment, EPS in 2017 was $2.37.