Byline Bancorp, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the year, the company reported total interest and dividend income of $136,803,000 against $98,365,000 a year ago. Net interest income was $122,912,000 against $90,618,000 a year ago. Net interest income after provision for loan and lease losses was $110,259,000 against $80,266,000 a year ago. Income before provision for income taxes was $40,794,000 against $5,484,000 a year ago. Net income was $21,695,000 against $66,729,000 a year ago. Income available to common stockholders was $10,418,000 against $66,729,000 a year ago. Diluted earnings per share were $0.38 against $3.27 a year ago. Return on average stockholders' equity was 5.08% against 27.93% a year ago. Return on average assets was 0.66% against 2.42% a year ago. Adjusted net income was $25,501,000 against $7,776,000 a year ago. Adjusted net income was $25,501,000 or $0.52 per diluted share against $7,776,000 or $0.38 per diluted share a year ago.

For the quarter, the company reported total interest and dividend income of $35,956,000. Net interest income was $32,151,000. Net interest income after provision for loan and lease losses was $28,804,000. Income before provision for income taxes was $11,085,000. Net loss was $766,000. Loss attributable to common stockholders was $962,000. Diluted loss per share was $0.03. Negative return on average stockholders' equity was 0.66%. Negative return on average assets was 0.09%. Tangible book value per common share was $12.94 against $11.59 a year ago. Adjusted net income was $7,265,000 or $0.24 per diluted share.

Net charge-offs during the fourth quarter of 2017 were $2.6 million, or 0.46% of average loans and leases, on an annualized basis, an increase of $732,000 compared to $1.9 million, or 0.34%, during the third quarter of 2017.