All but 3 area banks saw rise in 2012 fourth-quarter profits

All but 3 area banks saw rise in 2012 fourth-quarter profits

Most banking companies in East Central Illinois with publicly traded stock had a more profitable fourth quarter in 2012 than they did in 2011.

All but three had a more profitable year in 2012 than they did in 2011. The exceptions: PNC Financial Corp., First Midwest Bancorp and First Busey Corp.

Here's a rundown of fourth-quarter and full-year earnings for the companies:

JP Morgan Chase: Fourth-quarter net income of $5.7 billion or $1.39 a share, up from $3.7 billion or 90 cents a share a year earlier.

Full-year net income of $21.3 billion or $5.20 a share, up from $19 billion or $4.48 a share in 2011.

PNC Financial Corp.: Fourth-quarter net income of $719 million or $1.24 a share, up from $493 million or 85 cents a share a year earlier.

Full-year net income of $3 billion or $5.30 a share, down from $3.1 billion or $5.64 a share in 2011.

Commerce Bancshares: Fourth- quarter net income of $66.8 million or 72 cents a share, up from $61.5 million or 66 cents a share a year earlier.

Full-year net income of $269.3 mil- lion or $2.90 a share, up from $256.3 million or $2.69 a share in the previous year.

Old National Bancorp: Fourth-quarter net income of $23 million or 23 cents a share, up from $22.2 million or 23 cents a share a year earlier.

Full-year net income of $91.7 million or 95 cents a share, up from $72.5 million or 76 cents a share in 2011.

Regions Financial: Fourth-quarter net income of $265 million or 18 cents per diluted share, up from net loss of $548 million or 48 cents per diluted share a year earlier.

Full-year net income of $1.12 billion or 71 cents per diluted share, up from net loss of $215 million or 34-cent loss per diluted share in 2011.

MainSource Financial Group: Fourth-quarter net income of $7.3 million or 34 cents a share, up from $6 million or 26 cents a share a year earlier.

Full-year net income of $27.3 million or $1.30 a share, up from $23.8 million or $1.03 a share in 2011.

First Midwest Bancorp: Fourth-quarter net income of $13.2 million or 18 cents per diluted share, up from $6.9 million of 5 cents per diluted share a year earlier.

Full-year net loss of $21.1 million or 28 cents per diluted share, compared with net income of $36.6 million or 35 cents per diluted share in 2011.

First Busey Corp.: Fourth-quarter net income of $4.9 million or 5 cents per diluted share, compared with $5.7 million or 5 cents per diluted share a year earlier.

Full-year net income of $22.4 million or 22 cents per diluted share, down from $29.9 million or 29 cents per diluted share in 2011.

First Mid-Illinois Bancshares: Full-year net income of $14 million or $1.62 per share in 2012, up from $11.4 million or $1.29 per share in 2011. A breakdown of First Mid's fourth-quarter results was not available Tuesday.

First Financial Corp. expects to release its fourth-quarter and full-year earnings Thursday or Friday.

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