Pacific City Financial Corporation announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2017. For the quarter, the company reported net interest income of $14,933,000 against $12,579,000 a year ago. Total interest income was $17,871,000 against $14,589,000 a year ago. Net income before taxes was $6,962,000 against $7,532,000 a year ago. Net income was $2,339,000 against $4,312,000 a year ago. Basic and diluted earnings per share were $0.17 against $0.32 a year ago. Return on average assets was 0.65% against 1.42% a year ago. Return on average stockholders' equity was 6.47% against 13.59% a year ago. The increase in net interest income compared with the previous year and the previous quarters was primarily due to an increase in interest-earning assets and multiple increases in market interest rates since December 2016. For the year, the company reported net interest income of $55,170,000 against $45,581,000 a year ago. Total interest income was $65,267,000 against $52,595,000 a year ago. Net income before tax was $31,342,000 against $24,403,000 a year ago. Net income after tax was $16,403,000 against $14,002,000 a year ago. The increase in net income compared with 2016 year was primarily due to an increase of $9.6 million in net interest income, an increase of $275,000 in noninterest income, and a decrease of $456,000 in provision for loan losses, partially offset by an increase of $4.5 million in provision for income tax and an increase of $3.4 million in noninterest expense. Basic and diluted earnings per share were $1.21 against $1.11 a year ago. Return on average assets was 1.22% against 1.25% a year ago. Return on average stockholders' equity was 12.00% against 12.47% a year ago.