First NBC Bank Holding Company announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2013. For the quarter ended September 30, 2013, the company reported net income available to common shareholders of $10.4 million as compared to $8.1 million reported for the quarter ended September 30, 2012. The company's earnings per share on a diluted basis were $0.54 and $0.57 per diluted share, respectively, a decrease of $0.03 per diluted share, or 5.3%, over the prior year three month period. Net interest income for the third quarter of 2013 totaled $21.8 million, an increase of $2.6 million, or 13.3%, over the linked-quarter. Income before income taxes was at $4.79 million against $5.16 million reported last year. Interest income was $32 million against $26.9 million reported last year.

For the nine months ended September 30, 2013, the company reported net income available to common shareholders of $27.1 million, generating an annualized return on average stockholders' equity of 11.90% and an annualized return on average assets of 1.26%. The company reported net income available to common shareholders of $23.5 million for the nine months ended September 30, 2012. The company reported earnings per share on a diluted basis of $1.61 per diluted share compared to $1.66 per diluted share for the prior year nine month period, a decrease of $0.05 per diluted share, or 3.0%. Net interest income for the nine months ended September 30, 2013 totaled $60.8 million, an increase of $5.7 million, or 10.4%, from the same period of 2012. Income before income taxes was at $13.47 million against $16.01 million reported last year. Interest income was $89.6 million against $78.1 million reported last year.

The company reported Write-down of other real estate of $29 million against $22 million reported last year.