Star Financial Group Inc. reported audited consolidated earnings results for the year ended December 31, 2011. For the period, the company's total interest income was $66,059,000 compared to $72,780,000 a year ago. Net interest income was $55,398,000 compared to $56,530,000 a year ago. Net interest income after provision for loan and lease losses was $53,421,000 compared to $39,170,000 a year ago. Income before income taxes was $17,629,000 compared to $6,123,000 a year ago. Net income was $12,968,000 or $3.33 per basic share compared to $6,084,000 or $1.56 per basic share a year ago. Net cash provided by operating activities was $19,088,000 compared to $36,634,000 a year ago. Purchase of premises and equipment was $2,559,000 compared to $2,678,000 a year ago. Book value per share as at December 31, 2011 was $37.80 compared to $34.54 a year ago. The company also declared a dividend of $0.59 per share compared to $0.24 per share paid in a year ago.