Solera National Bancorp, Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total interest income of $1,383,000 compared to $1,537,000 a year ago. Net interest income was $1,096,000 compared to $1,223,000 a year ago. Net income was $401,000 compared to net loss of $638 million a year ago. Income per share was $0.15 compared to loss per share of $0.25 a year ago. Tangible book value per share was $6.71 compared to $6.96 a year ago. The 2014 results were negatively impacted by approximately $370,000 in write downs and other charges related to two OREO properties, both of which have been sold as of early January 2015, in addition to approximately $290,000 of expenses associated with the Company's proxy contest.

For the year, the company reported total interest income of $6,050,000 compared to $5,817,000 a year ago. Net interest income was $4,841,000 compared to $4,599,000 a year ago. Net loss was $433,000 compared to $655 million a year ago. Loss per share was $0.16 compared to $0.25 a year ago. Tangible book value per share was $6.85 compared to $6.96 a year ago.