Banco AV Villas reported unaudited unconsolidated earnings results for the month and year to date of December 2014. For the month, the company reported unconsolidated total interest income of COP 84,702 million compared to COP 77,561 million in the previous month. Net interest income was COP 64,532 million compared to COP 56,798 million a year ago. Total operating income was COP 67,336 million compared to COP 58,796 million in the previous month. Net operating income was COP 22,393 million compared to COP 20,237 million in the previous month. Income before income tax expense was COP 21,779 million compared to COP 20,847 million in the previous month. Net income was COP 14,057 million compared to COP 14,032 million in the previous month.

For the year to date, the company reported unconsolidated total interest income of COP 929,702 million compared to COP 946,428 million a year ago. Net interest income was COP 698,208 million compared to COP 723,367 million a year ago. Total operating income was COP 756,921 million compared to COP 752,609 million a year ago. Net operating income was COP 277,246 million compared to COP 279,731 million a year ago. Income before income tax expense was COP 289,702 million compared to COP 282,384 million a year ago. Net income was COP 195,196 million compared to COP 186,105 million a year ago.