TrustCo Bank Corp. NY reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported net interest income of $34,516,000 against $33,580,000 a year ago. Net income was $10,629,000 against $9,806,000 a year ago. Diluted net income per common share was $0.112 against $0.104 a year ago. Return on average assets was 0.94% against 0.91% a year ago. Return on average equity was 11.78% against 10.88% a year ago. Total interest income was $38,364,000 against $37,612,000 a year ago. Income before taxes was $16,973,000 against $15,591,000 a year ago. Net interest income after provision for loan losses was $33,016,000 compared to $30,580,000 a year ago. Book value at period ended December 31, 2013 was $3.83 per share against $3.82 per share a year ago. Tangible book value at period ended December 31, 2013 was $3.82 per share against $3.81 per share a year ago.

For the year, the company reported net interest income of $135,764,000 against $134,988,000 a year ago. Net income was $39,812,000 against $37,534,000 a year ago. Basic and diluted net income per common share was $0.422 against $0.400 a year ago. Return on average assets was 0.90% against 0.87% a year ago. Return on average equity was 11.15% against 10.70% a year ago. Total interest income was $151,047,000 against $154,963,000 a year ago. Income before taxes was $63,529,000 against $59,975,000 a year ago. Net interest income after provision for loan losses was $128,764,000 compared to $122,988,000 a year ago.

For the quarter, the company reported total net charge offs of $1,508,000 against $2,438,000 a year ago.