UMB Financial Corporation (NASDAQ: UMBF), a diversified financial holding company, announced earnings for the three months ended June 30, 2012 of $29.2 million or $0.73 per share ($0.72 diluted). This is an increase of $2.8 million, or 10.8 percent, compared to second quarter 2011 earnings of $26.3 million or $0.66 per share ($0.65 diluted). Earnings for the six months ended June 30, 2012 were $75.5 million or $1.89 per share ($1.87 diluted). This is an increase of $18.3 million, or 32.1 percent, compared to the prior year-to-date earnings of $57.2 million or $1.43 per share ($1.42 diluted). “We are very pleased with our second quarter operating results as they demonstrate growth, discipline and quality,” said Mariner Kemper, Chairman and Chief Executive Officer. “We experienced double-digit loan growth of 10.4 percent. This is our ninth consecutive quarter growing loans, and compares favorably to the industry, which, through July 20, had reported an average increase in loan balances of just 1.7 percent for the second quarter. Net charge offs for the quarter were 0.41 percent, compared to the industry average of 0.63 percent in the first quarter. Noninterest income increased 2.2 percent over the second quarter of 2011 and represents 57.8 percent of total revenue, providing the company with a unique position in the marketplace. Finally, expenses were flat for the quarter.” Net Interest Income and Margin Net interest income for the second quarter of 2012 increased $0.5 million, or 0.6 percent, compared to the same period in 2011. Average earning assets increased by $839.3 million, or 7.4 percent, compared to the second quarter of 2011. This increase was due to a $778.2 million, or 13.6 percent, increase in average total securities, including trading securities and a $492.8 million, or 10.4 percent, increase in average loans offset by a $440.3 million decrease in average interest bearing due from banks. Net interest margin decreased 16 basis points to 2.82 percent for the three months ended June 30, 2012 compared to the same quarter in 2011.