Codorus Valley Bancorp Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the corporation reported net income available to common shareholders of $2,750,000 or $0.47 per share basic and $0.46 per share diluted, compared to $2,519,000 or $0.50 per share basic and $0.49 per share diluted, for the quarter ended December 31, 2013. Net interest income was $11.00 million compared to $10.21 million a year ago. Income before income taxes was $4.10 million compared to $3.55 million a year ago. Return on average assets was 0.91% compared to 0.91% a year ago. Return on average equity was 9.45% compared to 9.57% a year ago.

For the full year, the company reported net income available to common shareholders of $11,595,000 or $2.07 per share basic and $2.03 per share diluted, compared to $10,316,000 or $2.07 per share basic and $2.03 per share diluted, earned in the year 2013. Net interest income was $42.36 million compared to $38.35 million a year ago. Book value per common share was $18.25 compared to 16.40 a year ago. Income before income taxes was $16.44 million compared to $14.48 million a year ago. Return on average assets was 0.98% compared to 0.96% a year ago. Return on average equity was 10.22% compared to 10.08% a year ago.