First Financial Northwest, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported total interest income of $9.768 million compared to $9.748 million a year ago. Net interest income was $8.074 million compared to $7.038 million a year ago. Income before federal income tax provision was of $4.276 million compared to $1.511 million a year ago. Net income was $3.933 million or $0.25 per diluted share compared to $1.511 million or $0.09 per diluted share a year ago. Return on assets was 1.86% compared to 0.63% a year ago. Return on equity was 9.06% compared to 3.25% a year ago.

For the year, the company reported total interest income of $38.539 million compared to $41.466 million a year ago. Net interest income was $31.013 million compared to $29.220 million a year ago. Income before federal income tax provision was of $10.922 million compared to $1.714 million a year ago. Net income was $24.465 million or $1.47 per diluted share compared to $2.713 million or $0.15 per diluted share a year ago. Book value per common share was $11.25 compared to $9.95 a year ago. Return on assets was 2.73% compared to 0.27% a year ago. Return on equity was 13.12% compared to 1.47% a year ago.

The company reported charge-offs of $333,000 for the fourth quarter compared to $2.202 million a year ago.