Businessweek

FNB Bancorp reported consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net interest income of $8,666,000 compared to $7,198,000 a year ago. Income before income taxes was $1,352,000 compared to $1,665,000 a year ago. Net earnings available to common shareholders were $772,000 or $0.20 per diluted share compared to $1,102,000 or $0.30 per diluted share a year ago. Return on average assets (annualized) was 0.35% compared to 0.60% a year ago. Return on average equity (annualized) was 3.24% compared to 5.02% a year ago.

FNB Bancorp announced that its Board of Directors has declared a quarterly cash dividend of 8 cents per share on the company's common Stock totaling approximately $297,878.24. The dividend is payable on May 17, 2013 to shareholders of record as of April 30, 2013.

FNB Bancorp will continue to look for acquisitions. Tom McGraw, Chief Executive Officer of FNB Bancorp said, "As additional business acquisition opportunities become available, we welcome the opportunity to explore them. We are also looking to grow the Bank from within."

FNB Bancorp reported consolidated earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the company reported net interest income of $8,681,000 against $7,423,000 for the same period last year. Income before income taxes was $1,610,000 against $1,512,000 for the same period last year. Net earnings available to common shareholders were $1,189,000 or $0.33 per diluted share against $1,085,000 or $0.31 per diluted share for the same period last year. Return on average assets (annualized) was 0.53% against 0.59% for the same period last year. Return on average equity (annualized) was 5.00% against 5.07% for the same period last year. For the year, the company reported net interest income of $30,796,000 against $29,570,000 for the same period last year. Income before income taxes was $10,448,000 against $5,825,000 for the same period last year. Net earnings available to common shareholders were $8,145,000 or $2.28 per diluted share against $3,457,000 or $0.29 per diluted share for the same period last year. Return on average assets (annualized) was 1.03% against 0.48% for the same period last year. Return on average equity (annualized) was 9.00% against 4.14% for the same period last year.

FNB Bancorp announced that its Board of Directors has declared a quarterly cash dividend of 8 cents per share on the Company's Common Stock totaling approximately $295,835.56. The dividend is payable on February 15, 2013 to shareholders of record as of January 31, 2013.