BANCO AV VILLAS. reported unconsolidated earnings results for the month and year to date ended April 2014. For the month, the company reported total Interest Income of COP 73,833 million compared to COP 74,557 million for the previous period. Net interest income was COP 54,964 million compared to COP 55,563 million a year ago. Total operating income was COP 61,212 million compared to COP 62,298 million a year ago. Net operating income was COP 21,406 million compared to COP 23,684 million a year ago. Income before income tax expense was COP 22,215 million compared to COP 27,368 million a year ago. Net income was COP 16,335 million compared to COP 18,146 million a year ago.

For the year to date, the company reported total Interest Income of COP 295,620 million compared to COP 336,986 million for the previous period. Net interest income was COP 221,754 million compared to COP 256,863 million a year ago. Total operating income was COP 242,804 million compared to COP 245,166 million a year ago. Net operating income was COP 89,305 million compared to COP 89,655 million a year ago. Income before income tax expense was COP 93,079 million compared to COP 88,457 million a year ago. Net income was COP 63,281 million compared to COP 57,336 million a year ago.