Bar Harbor Bankshares Feb. 13 reported net income of $14.9 million in 2016. Earnings were relatively consistent with prior year-end, while 2016 earnings included charges of $2.7 million related to the Lake Sunapee Bank Group acquisition previously announced and the core system conversion that is expected to be completed in the second quarter of 2017.

The report also included these highlights: Total assets increased $175.3 million to $1.8 billion from the prior year-end. Total loans for the year were up $139.0 million, or 14 percent, from the prior year-end.

Fourth-quarter 2016 diluted earnings per share totaled $0.42 and were net of acquisition and system conversion costs totaling $0.19 per share. Net interest income, on a tax-equivalent basis, was $12.2 million for the fourth quarter, up 6 percent from $11.5 million compared to the linked quarter

Total non-interest income for 2016 was up $3.4 million, or 38 percent, from the prior year. Excluding securities gains, non-interest income remained flat to both the linked quarter and prior year fourth quarter. Net interest margin expanded to 2.89 percent, compared to 2.84 percent, in the linked quarter on a tax-equivalent basis

Non-performing assets to total assets at year-end improved 8 basis points to 0.38 percent,, down from 0.46 percent at prior year-end, while total non-performing loans to total loans improved 13 basis points to 0.58 percent, down from 0.71 percent for the same period.