Flagstar Bancorp, Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2018. For the quarter, the company reported total interest income of $181 million compared to $148 million a year ago. Net income was $54 million or $0.94 per basic share compared to net loss of $45 million or $0.79 per basic share a year ago. Diluted income per share was $0.93 compared to loss per share of $0.79 a year ago.

For the year, the company reported total interest income of $683 million compared to $527 million a year ago. Net income was $187 million or $3.26 per share compared to $63 million or $1.11 per share a year ago. Diluted income per share was $3.21 compared to $1.09 a year ago.

For the quarter, net charge-offs were $1 million, or 4 basis points of LHFI, compared to $1 million, or 5 basis points in the prior quarter.